New Delhi, Sept. 17 -- US Fed rate hike impact on Indian economy: The Federal Reserve's latest interest-rate decision is likely to have implications for India, with the FOMC outcome set to influence foreign fund flows, the rupee, bond yields and equity markets.

The Federal Reserve raised interest rates by a quarter percentage point on Wednesday, bringing the federal funds rate to a range of 3.75% to 4%, while policymakers pencilled in an additional hike later this year.

The rate hike came amid sticky inflation, partly driven by ongoing tensions in the Middle East, and the relatively stable labour market, prompting the central bank to raise rates for the first time in more than three years.

Although inflation has remained above the cent...