US Fed rate hike buzz: American inflation highest since COVID - what does it mean for Nifty, Sensex, gold rates? Decoded
New Delhi, Oct. 16 -- US Fed Rate Hike | Gold Rate Today | Sensex Today | Stocks to Buy Today: US producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation broadening out beyond energy products. This is the biggest rise in American inflation since COVID, fueling the US Fed rate-hike buzz ahead of the US Fed meeting at the end of this month. However, stock market experts believe that it won't have much impact on the Indian stock market, especially the key benchmark indices - Nifty 50, Sensex and the Bank Nifty, as Dalal Street has already discounted the US Fed rate hike up to the December 2026 meeting.
Experts said that US inflation hitting its highest le...
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