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Global Financial Markets Await US Fed’s Monetary Policy Review: Implications for Indian Markets As financial markets globally brace for the US Federal Reserve's monetary policy review on September 17-18, 2024, investors are keenly watching the potential interest rate cuts and their wider implications. The impact of these outcomes is not limited to the US but extends to emerging markets like India, where investor sentiment and financial strategies could be significantly influenced by the Fed’s decisions. US Monetary Policy in Focus Federal Reserve Chair Jerome Powell recently hinted at a possible interest rate cut, stating that the time has come to adjust monetary policy. However, Powell stopped short of specifying the quantum of the cut, leaving markets speculating about whether the rate reduction will be shallow or deep.  The Federal Open Market Committee (FOMC) meeting is anticipated to mark the beginning of a monetary policy shift, as inflation in the US continues to moderate....

India's Wholesale Inflation Sees Marginal Rise in March Introduction: India's wholesale inflation, as measured by the Wholesale Price Index (WPI), experienced a slight uptick in March, marking the fifth consecutive month in positive territory after a prolonged period of negative growth. Official data released on Monday revealed key insights into the country's inflation trends, indicating both challenges and opportunities for the economy. Analysis: The annual rate of inflation, based on the All India Wholesale Price Index, stood at 0.53 percent in March 2024 compared to the same period last year. This positive inflation rate is attributed to several factors, including increased prices of food articles, electricity, crude petroleum, natural gas, machinery, and equipment, among others. While economists note that a modest rise in wholesale inflation can stimulate production incentives for manufacturers, it also underscores the need for careful monitoring to maintain economic st...