ilmscore | India's Response to FED Rate Hike? | CA Rachana Ranade

India's Response to FED Rate Hike? | CA Rachana Ranade

Published: 2022-09-22
Status: Available | Analyzed

Predictions from this Video

Total: 12
Correct: 0
Incorrect: 0
Pending: 12
Unrated: 0
Prediction
Topic
Status
The speaker expresses concern about the US economic projections, indicating they are not favorable.
"US economic projections are not looking so good so to be honest when I when I saw these economy projections for the United States of America even I was kind of scared"
US Economy
Pending
US GDP growth projection for the year-end is revised down to 0.2%.
"in September they have said that our GDP growth will be 0.2 percent"
US GDP Growth Projection
Pending
US unemployment rate projection for the year-end is revised up to 3.8%.
"it has jumped to 3.8"
US Unemployment Rate Projection
Pending
US PCE inflation projection for the year-end is revised up to 5.4%.
"and then right now they have mentioned 5.4"
US PCE Inflation Projection
Pending
US Federal Fund Rate projection for the year-end is revised up to 4%.
"and by September four percent"
US Federal Fund Rate Projection
Pending
A weakening Indian Rupee is predicted to negatively impact India's import costs and economy.
"if Indian rupee weakens then the Imports that that for which we have to pay that is again going to be hurting our economy"
Indian Rupee Weakening
Pending
India plans to counter the weakening Rupee by increasing the supply of USD.
"India will try and counter this basically Now how can India counter how can we react to this scenario possibility number one increasing the supply of USD"
Indian Rupee Strengthening Measures
Pending
India may strengthen the Rupee by reducing INR supply through an increase in the repo rate.
"possibility number two what can we do is we can reduce our supplies with the INR Supply as well and that can be done by increasing the report rate"
Indian Rupee Strengthening Measures
Pending
India may aim to strengthen the Rupee by reducing USD reliance in foreign trade, citing the example of rupee-ruble trade with Russia.
"possibility number three if we if we also start uh uh you know uh trying to cut out U.S dollars from the foreign trade so like uh we traded with Russia directly using rubles I'm sure everyone knows that"
Indian Rupee Strengthening Measures
Pending
India is in discussions with Saudi Arabia to trade directly in Rupees, which could positively impact the Indian Rupee.
"we are in talks with Saudi Arabia for trading directly in rupee real trade Korean is their currency"
Indian Rupee Strengthening Measures
Pending
The Indian stock market is expected to remain sideways in the upcoming week.
"markets majorly I feel will remain sideways in in the coming one week"
Indian Stock Market Trend
Pending
The speaker's bearish sentiment on the Indian market has decreased post the US Fed meeting, expressing more confidence.
"I'm not that bearish as I was uh I was kind of scared before uh this U.S fed meeting last Thursday I was like oh my God what will happen I'm not sure but uh now I feel a little bit more confident"
Indian Stock Market Outlook
Pending