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Context: In a reprieve for the debt and equity markets, the Federal Reserve announced that the interest rates are being kept near zero. While it maintained that it will continue the flow of credit to households and businesses and support the economy, it indicated that there may not be any interest rate hike through 2023.
Effect on Indian Market:
What does it mean for Indian markets?
https://indianexpress.com/article/explained/bse-sensex-us-federal-reserve-interest-rates-7234841/
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