NEW DELHI: Where are global financial markets headed? At the same time, policymakers look to prevent overheating of the economy.Experts have reasons to believe so. "We do not think that there is enough on the inflation front to warrant more than three interest rate hikes. The global economy is strong and the earnings story is good. "If the US economy recovers very strongly, given that wage rates are already going up, the US Fed could go in for a faster normalisation, and that could perhaps be not very good news as far as India is concerned," she added.

Source: Economic Times February 27, 2018 08:48 UTC