US treasuries and dollar ended higher.Here’s all you need to know from the Federal Reserve’ policy review:Investors on Dalal Street have already discounted the expected Fed rate hike. “The Fed rate hike will further strengthen the dollar, and thereby put further pressure on the rupee. Rising crude oil prices, as well as interest rates will lead to an outflow of foreign money. However, the central bank was again at the receiving end of the US President Donald Trump after the central bank raised interest rates for the sixth time under the current administration.“We’re doing great as a country. Unfortunately they just raised interest rates because we are doing so well.

Source: Economic Times September 27, 2018 02:26 UTC