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Global markets take cues from what the US Federal Reserve does

As we all know, the US Fed is a very important Central Bank not just for the United States but even globally. When a country is also the largest borrower and the largest investor in the world everything that the country does become important for the world.The banking of the US government is managed by the US Federal Reserve as the Central Bank and therefore anything that it does moves the needle.

Source: Financial Express

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