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Rupee falls on hawkish Fed outlook, forward premiums slide
Rupee falls on hawkish Fed outlook, forward premiums slide
Futures are now pricing in a 1-in-3 chance that the Fed will raise rates by 100 bps next week. Prior to the inflation data, the debate among market participants was whether the Fed will deliver a 50 bps or 75 bps hike.
Futures are now pricing in a 1-in-3 chance that the Fed will raise rates by 100 bps next week. Prior to the inflation data, the debate among market participants was whether the Fed will deliver a 50 bps or 75 bps hike.