Good news for India: Brexit to take Fed rate hike off the agenda in ’16 - News Summed Up

Good news for India: Brexit to take Fed rate hike off the agenda in ’16


"We are still fighting our way out of that clubbing as our fundamentals are far superior to most other emerging markets. "India is the best place among emerging markets and we all know the reason why. Some analysts are even talking about a rate cut rather than a rate hike "US Federal Reserve Chair Yellen expressed her concerns about Brexit . "At this point, emerging markets are really not that much in favour across the world. Expectations of any interest rate hike by the US Fed is totally off the grid now," Andrew Holland, CEO, Ambit Investment Advisors, told ETMarkets.com.


Source: Economic Times June 25, 2016 09:44 UTC



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