US Fed interest rate decision key event to watch out for this week: Analysts

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Key Points

Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated. in the international market dented investors' sentiments.. equity markets. may remain volatile in the near-term amid a host of..

The US Federal Reserve will announce its interest rate decision after its two-day policy meeting on March 20, 2024," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd...

"This week will be important from an economic perspective as major central banks globally including Japan, the US, and the UK will announce interest rate decisions..

"Thus, we expect the market to remain volatile in the near-term with a focus on largecaps and defensive names," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, said.. Investors' focus would now also shift to the upcoming Lok Sabha polls...

"The week ahead, the global central bank's monetary policy decision will get investors' attention..

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