Instead of 50 bps, Fed may go for 25 bps rate hike now: Pankaj Murarka
“For the time being, the SVB fallout may force Fed to move a bit slower than what was expected. Probably, when they meet on 27th and 28th of March, instead of 50 bps, 25 bps rate hike is still on the table because the fact remains that inflation still remains persistent in the US. This move will force the Fed to go a bit slower but let us see how the whole thing plays out.”
