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Federal Reserve rates: Has the US Fed and AI created a costlier world? And has the queue got longer for India? - The Economic Times
The US Federal Reserves policy rate has returned to 4%, almost exactly where it stood 21 years ago. But the US now owes five times as much as it did then, its government is competing with an AI investment boom for capital, and long-term Treasury yields have become difficult enough for the Treasury itself to intervene. For India, the paradox is striking. The Fed rate is only the beginning.
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