I think there are a few layers here. First of all, the Fed is clearly behind the curve. And their credibility has been damaged by what has happened with inflation and the monetary policy response over the last few months.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended last week lower amid range-bound trading, with broader markets also under pressure. Analysts identified four key factors that could drive Dalal