Macroeconomic Divergence and Monetary Transmission: The Impact of US Federal Reserve Easing on Indian Financial Markets in late 2025
The global financial architecture in the fourth quarter of 2025 is undergoing a fundamental recalibration as the United States Federal Reserve transitions from a period of aggressive inflation containment to a sustained easing cycle. On December 10, 2025, the Federal Open Market Committee (FOMC) announced a 25-basis-point reduction in the federal funds target range, bringing…