MUMBAI: A status quo in quotes for the US central bankas expected by national economists and analysts, it will boost investor sentiment and will probably help the bull rally. The main driver of sentiment, however, would be the post-monetary policy announcement comments made by US Federal Reserve Chairman Jerome Powell, market participants said.
“Domestic equities were weak ahead of the US Fed's late night (Wednesday) decision. All eyes are on the outcome of US central bank policy, where the focus will be more on Powell's comments for any suggestion about cutting rates next year,” said Siddhartha Khemka of Motilal Oswal Financial Services.



Please enter your comment!
Please enter your name here