US Fed May Cut Rates By 25 Bps Today: Mikio Kumada
  • WebDesk BTVI
  • Jul 31 2019

The US Federal Reserve on Wednesday is set to launch its fifth interest rate-cutting campaign since 1995. Mikio Kumada, Executive Director/Global Strategist at LGT Capital Partners Asia Pacific, expects the Fed to cut rates by 25 basis points today. According to him, Indian market will not be impacted much as exports are not a big factor and it is dependent more on domestic issues.