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Finance Ministry Reaction by Indian Stocks and Forex Markets to US Federal Reserve s yesterday decision to raise the target range for the federal funds rate by 25 to 50 bps underlines the strong macroeconomic fundamentals of the Indian Economy and the efforts made by the present Government to achieve macro stability over the last one and half years.

Dated:- 18-12-2015 - Press Information Bureau Government of India Ministry of Finance 17-December-2015 19:14 IST The US Federal Reserve raised the target range for the federal funds rate by 25 to 50 bps yesterday. Responding to the said decision of the Federal Reserve, the Finance Ministry states that this marks the beginning of gradual withdrawal of the accommodative monetary policy stand adopted since 2006. Going forward, the actions of the US Federal Reserve are expected to be cautious and da .....

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