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it Stocks Slide as Odds of Fed Rate Hike Climb","url":"https://stock-news.laohu8.com/highlight/detail?id=2663279280","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2663279280?lang=en_us&edition=fundamental","pubTime":"2026-08-31 14:31","pubTimestamp":1788157912,"startTime":"0","endTime":"0","summary":"BUZZ-India's IT stocks slide as odds of Fed rate hike climb** India's Nifty IT index.NIFTYITfalls 1.87%, with nine of 10 constituents in the red** Odds of a Federal Reserve rate hike at September 15-16 meetingclimbedto nearly 60% after U.S. Fed Chair Kevin Warsh said the central bank would \"have work to do\" if policymakers failed to find confidence that inflation was heading back to its 2% target** Higher U.S. rates could pressure Indian IT exporters due to their heavy reliance on the U.S. market** A shift in U.S. monetary policy could drive near-term volatility in commodities and emerging markets, although fundamentally strong EMs still 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However, in the near-to-medium term, it faces pressures from high valuation corrections and macroeconomic interest rate 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