Upcoming Economic News for the Week Ahead: Brace for Key Events

US Federal Reserve Interest Rate Decision

The Federal Reserve is poised to raise interest rates by 50 basis points on Wednesday, March 15, in a bid to combat soaring inflation. This would mark the most aggressive rate hike since 2000. The decision will be closely watched by markets and investors, as it could significantly impact economic growth and financial markets.

India's Wholesale Price Index

On Thursday, March 16, India's Wholesale Price Index (WPI) data for February will be released. The WPI measures the change in wholesale prices of goods and is a key indicator of inflation in the country. Analysts expect the WPI to rise further, indicating continued inflationary pressures in the Indian economy.

Bajaj Housing Finance IPO Debut

Bajaj Housing Finance, a leading mortgage lender in India, is set to make its stock market debut on Friday, March 17. The company's initial public offering (IPO) was subscribed over 3 times, reflecting strong investor interest. The listing is expected to raise approximately $1.5 billion.