US stocks rose after the Fed announcement, while the dollar reversed some of its earlier losses
Says job gains have been solid and fundamentals for consumption growth also solid
The markets always wait breathlessly for such inelegant statements by the Fed
The S&P BSE Sensex gained 187 points and CNX Nifty closed at its all-time high of 9,153 points
Fed's rise of 25 basis points on Wednesday was also only its third since the global financial crisis
The US Federal Reserve raised the rates by 25 basis points
The US Federal Reserve raised the rates by 25 basis points
The Fed stuck to its outlook for two additional rate increases this year and three more in 2018
Looking into 2018, 13 of 16 dealers offering a forecast said the Fed would hike at least 3 times
Fed raises rates as job gains, firming inflation stoke confidence
Later today, US Fed is widely expected to raise key rates by 25 basis points
Seventeen policymakers deliberate at each meeting on whether to change the interest rate
Fed officials said their outlook for economy and interest rates had not changed much since December
With Daniel Tarullo gone, Trump will have three posts out of seven to fill on Fed's Board of Governors
Besides crafting regulation, Tarullo also is a voter on interest rate policy
With the unemployment rate at 4.7 percent, the US economy has reached full employment: Williams
US Fed had last week raised the benchmark interest rate after a one-year pause
With FOMC indicating three rate hikes in 2017, experts say stocks with high foreign holding may be under pressure next year
Though a 25bps hike is factored in, analysts do not rule out a knee-jerk reaction. However, they still remain bullish on the road ahead for Indian markets
US investors seem optimistic about prospects of future growth, but the question remains if the Fed does as well