Sensex tanks 581 points as Federal Reserve signals rate hike
- shahpurturkcsc
- Jan 28, 2022
- 1 min read
A statement by Jerome Powell, chairman of the US central bank, the Federal Reserve, roiled markets around the world after he clearly indicated on Wednesday evening that the Fed would hike rates in March, ending a nearly two-year old market support programme through near-zero interest rate and buying of bonds from markets.
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