traders don't expect another Fed rate cut until April
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India orders IndiGo to cut 10% of flights
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Markets expect the Fed to lower interest rates again next week. Learn what steps can keep your savings earning a strong return—and how acting now could boost gains in 2026.
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The Fed can cut more aggressively later if inflation continues falling, but reopening the door to rate hikes after a premature easing would be politically and economically costly. Stubborn inflation and firmer wage data suggest the Federal Open Market Committee will take a cautious, hawkish approach to future easing of monetary policy.
The Indian rupee forward premiums dropped on Friday following the central bank's rate cut and forex swap, though currency traders say a softer spot trajectory should cap the downside.