Federal Reserve

US stocks fell steeply on Tuesday as investors grew fearful that the turmoil in the banking sector has not been contained, and ahead of a key policy decision from the Federal Reserve, according to a media report.

Experts believe that the RBI may hike policy rates by 25-35 basis points for the third time in a row to combat high retail inflation, just days after the US Fed raised interest rates. The Fed has already stated that it will…