U.S. macro woes drag down Indian indices
Rising inflation and firming bond yields in the U.S. push down Indian benchmark indices, causing a correction of around 6% from the latest life–highs of February 16.
Rising inflation and firming bond yields in the U.S. push down Indian benchmark indices, causing a correction of around 6% from the latest life–highs of February 16.
While the US Fed remains on the tightening course, the unchanged inflation projections could mean that the US central bank might not able to walk its talk.