We are concerned about the growth, the future rate hike expectation and its impact on India. What is your view keeping Wednesday’s Fed policy in view?
The Fed rate hike is a function of the fact that today inflation is far more important than growth to the US. Not only from the Fed’s perspective but the US political powers because there is an election due in December of the Senate. As we know, growth may not get you votes but inflation will definitely lose you votes.
