Favourable US inflation and likely rate cut in September to impact policy rates in India: SP

New Delhi [India], August 23 (ANI): The easing inflation and weakening job market trends in the US, as revealed in the recent figures will push the Federal Reserve to cut interest rates which will lead to lower rates in developing countries like India, indicates SP Global on Friday.

The year-on-year inflation in the US reached its lowest level in August, down from 3 per cent in June this year. As of August 21, the annual