New Delhi, Sept. 16 -- The two-day policy meeting of the US Federal Open Market Committee (FOMC) starts on Tuesday, September 16, amid sticky inflation, poor jobs growth data, and mounting pressure from US President Donald Trump to reduce rates substantially.

All eyes are on the Fed's policy meeting outcome on September 17, even as market participants believe it is almost certain that the US central bank will cut rates by 25 bps. A small section of experts even sees the possibility of a 50 bps rate cut.

Experts say the Fed will go for a reasonable 25 bps rate reduction as it cannot ignore the risk of sticky inflation which can rise even higher due to Trump's tariff policies.

Fed Chair Jerome Powell signalled the possibility of "policy ...