However, US economy likely regained speed in Q2 after sluggish performance at the start of the year
Yesterday, Fed Chair downplayed weakness in inflation and said conditions are ripe for next hike
Markets read the Fed's announcement as dovish, as now only two rate hikes are expected this year
The gradual approach in future increases augurs well for emerging markets, tweets Shaktikanta Das
Nonfarm payrolls increased by 2,35,000 jobs last month
Imports to get costly as the US dollar strengthens
Dudley said that a quarter-point hike this year "is not really that big a deal"