Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts

Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023

Puneet Wadhwa | New Delhi
Last Updated at April 22, 2022 23:24 IST

markets, indian markets, bse, nse, share markets, stock markets

Illustration: Binay Sinha

A faster-than-expected rate hike by the US Federal Reserve (US Fed) giving the spiraling inflation in the United States that hit its highest level of 8.5 per cent in March 2022 sent Indian markets into a tailspin on Friday. Federal Reserve Chairman Jerome Powell hinted at a 50 basis point (bps) hike in May.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.