Friday, 18 September 2015

A Comment on US Fed keeping rates unchanged

My Comment on an article "US Fed keeping rates unchanged may be helpful for emerging markets: Wilbur Ross, WL Ross & Co" published in the Dated 18/09/2015 at 10:15 pm. 

"May be good for our Indian economy and other developing / economically weaker countries. 

And, as per the observations of Wilbur Ross stated above, the rate increase could have ended up with a much more impact than the actual rate increase that might have initiated by Fed, due to volatile market speculations and expectations of further increases. 

So, it is overall, a good decision taken by the members to not to increase it."

No comments:

Post a Comment

submit to reddit