Monetary Markets And Their Influence On Economy

April 30, 2003 0 comments Article Economic

Stocks are forms of ownership of a public corporation which might be sold to traders through broker-dealers. It’s easy to buy shares, but it takes lots of knowledge to buy shares in the proper company. After fee hikes by the Reserve Bank of India and the US Fed, hawkish commentary and adverse economic growth outlook by the Bank of England spooked international markets. Global markets tumbled 2-3% after rate of interest hikes to curb rising inflation, thus hitting economic growth, mentioned Khemka. Bank of England raised interest rates to their highest since 2009 at 1% on Thursday. Indian markets closed sharply lower on Friday amid weak world cues, as aggressive price hikes by central banks worldwide continued to spark fears of an economic slowdown.

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