US FED Hiked Rate by 75 BPS
Fed Says Job Gains Have Been Robust, Unemployment Rate Has Remained Low
Fed Says Recent Indicators Point To Modest Growth In Spending And Production
Fed Says Inflation Remains Elevated, Reflecting Pandemic-Related Imbalances, Higher Food And Energy Prices, Broader Price Pressures
Fed Says War In Ukraine Creating Additional Upward Pressure On Inflation, Weighing On Global Economic Activity
Fed Says Prepared To Adjust Policy As Appropriate
Fed Says Vote In Favor Of Policy Was Unanimous
We are of the opinion that Indian market should open on flat side as 75 basis point hike is already factored in the price.
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