BlockBeats News, July 30th, Capital XB Executive Director Ajitabh Bharti stated that the Federal Reserve's lack of decisive interest rate action suggests there may be political considerations at play. In a report, he noted that as the midterm elections in the United States approach, people believe the Fed will prioritize stability over controlling inflation in the short term. This dynamic may benefit emerging markets like India in the near term. A relatively weaker US dollar could ease the pressure on the rupee and provide some breathing room for capital flows and external balance. However, if US inflation persists or accelerates due to delayed policy action, the eventual correction could be more severe and disruptive, transmitting volatility to global markets, including India. (FXStreet)