Rate cut may bring cheer for EMs, but valuation woes remain for India
- Posted on September 19, 2024
- By Financial Express
- 1 Views
Rate cut may bring cheer for EMs, but valuation woes remain for India
The US Federal Reserve cut the interest rates by 50 basis points from a decadal high of 5.25-5.5%, signalling an end to its battle against inflation.
