The Fed’s hawks and doves are drifting further apart. What it means for investors.

Global interest rate decisions heavily influence FII flows and currency stability in India. A pause by the Fed provides near-term certainty.

• •Futures markets assign a 99.4% chance of the Fed leaving interest rates unchanged.
• •Fed policy meeting scheduled for next week.
• •Risk flag: Unexpected hawkish commentary from the Fed
• •Risk flag: Global economic slowdown impacting export-oriented sectors