Fed rate cut will facilitate fund flows to India and emerging markets: Experts
Mumbai (Maharashtra) [India], September 19 (ANI): The US Federal Reserve's move to cut the rate by 50 basis points will facilitate flows to the emerging markets. Experts say a weaker dollar and lower rates are favourable for India and emerging economies.Experts believe it will facilitate fund flows to India and emerging markets.
"US Fed opened the rate cut cycle with a bang with 50 bps cut in line with changed market expe