U S Fed Remains Dovish, Easy Money Policy to Continue !
- The statement issued after the FOMC meet of the U S Federal Reserve signaled the continuation of the easy money policy for the time being and opined that the rising prices of fuel, food and commodities may not lead to higher inflation in the U S.
- Stock and commodity prices may remain buoyant due to continuation of the near zero policy rates by the Federal Reserve.
- Even though a change in the policy stance may occur later on and hamper the asset price inflation, there is no question of it happening in the immediate future and therefore, no undue volatility in the market due to such changes is seen at present.
- However on the home front, RBI may be forced to act tougher against the galloping inflation which is running much ahead of all expectations for such a long time.
Nifty Futures - Intra-day Chart
Nifty Futures - Daily Chart
