Mumbai (Maharashtra) [India], December 14 (ANI): The stock market soared following the Federal Reserve’s announcement of the conclusion of its two-year interest rate-hiking policy on Thursday.
The central bank anticipates lower borrowing costs in 2024, maintaining steady interest rates. A near-unanimous projection among 17 of 19 Fed officials suggests an expected decrease in the policy rate by the end of 2024.
The Sensex
Stock market hits record opening, Sensex and Nifty surges amid global economic optimism
