The record
Written from the 2 reports below. Nothing here is unsourced.
- Stock markets in the US, India and across Asia have been falling amid pressure ahead of the US Federal Reserve's interest rate decision expected today.
- On Tuesday, the Nasdaq fell 0.50 percent, the Dow Jones dropped 0.63 percent, the S&P slipped 0.5 percent, and India's Nifty50 shed nearly 300 points.
- Experts expect the Federal Reserve may raise interest rates by 20 to 25 basis points, taking the rate from 3.75 percent to 4.00 percent, with the announcement possible on Wednesday night.
- Experts say a rate hike would hit US markets on Wednesday night and Indian and Asian markets on Thursday, while a rate cut could bring a rally.
- Markets are also worried about a bill that could allow the US President to impose up to 100 percent tariffs on countries buying Russian oil and gas, with India's rising oil imports from Russia potentially affected.
- The Fed decision matters because a rate hike could pull down gold and silver prices quickly, while a cut could push them up.
What to watch next
- The Federal Reserve's interest rate announcement expected on Wednesday night
- The impact of any rate decision on Indian and Asian markets on Thursday
- The progress of the bill allowing up to 100 percent tariffs on countries buying Russian oil and gas
What changed2
Every report on this story, newest first. Times are when each outlet published.
Why it matters3
Who is affected first and what likely follows, with a direction and a horizon. Extracted from the reports, never invented.
- Global and Indian stock markets market volatility· immediate
- US borrowers and economy increased borrowing costs· weeks
- Indian equity investors capital flow uncertainty· days
Coverage2
2 reports
Indian-language2
All filed from India
Named United States · India · Dow Jones · Nasdaq · Nifty50 · S&P · White House · Donald Trump · Federal Open Market Committee · Federal Reserve
The 2 reports are listed beside the record.
Ask this story
Answers cite the reports above, or say they can't.

