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The Times of India
The Times of India
Business
PTI

Don't see any adverse impact of US Fed rate hike: DEA secretary

NEW DELHI: The government does not see any adverse impact on the Indian economy post the US Federal Reserve's decision to raise interest rates by 75 basis points, economic affairs secretary Ajay Seth said on Thursday.

"All central banks are grappling with it and taking adequate measures which are needed to control the inflation. I see fair amount of coordination ...directly or indirectly they are moving in tandem," Seth told reporters.

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