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The United States Federal Reserve’s determination to cut rates of interest by 50 basis factors – or half a per cent – on Sep 18 was evidence of the world’s biggest economy easing off from a chronic and aggressive bid to manage inflation. The US central financial institution’s actions are impacting not simply regional economies, but also native companies and laymen. Reproduction of news articles, photographs, movies or another content in whole or partially in any type or medium with out categorical writtern permission of moneycontrol.com is prohibited. Sharekhan, in its report, said that past …