USA Federal Reserves: Hike in rate of interests and its effects on Indian markets. ~Preet. The announcement of the possibility of the US Federal Reserves, hiking the rate of interests, on January 27th 2022, has shook the markets in India, sending shivers down the spine of the investors. The consumer prices in USA rose vehemently, it was the highest rise in nearly four decades, to tame this 7% inflation, the US Federal reserves would be subsequently increasing the interest rates in the economy from the beginning of March 2022. The unprecedented hike in inflation took the centre stage on the globe in mid 2021, when almost all the countries were facing the issue of immense surge in consumer prices. This issue places a huge economic challenge in-front of a world, already bruised with the scars of pandemic. Most of the countries began taking measures to control the inflation from the very beginning of this year. The OECD CPI inflation rate for November was around 6%. USA saw the highest