My Comment on an article "US Fed keeping rates unchanged may be helpful for emerging markets: Wilbur Ross, WL Ross & Co" published in the economictimes.com 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."
"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."
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