For the first time in a decade, the US central bank has slashed interest rates. Logic suggests that the Fed's decision should have cheered markets up, especially in emerging economies. Instead, they crashed. In India, the Sensex lost 1.23% while the Nifty slid 1.24%. Markets in China and Hong Kong suffered too. Watch the video to find out what is the reason behind this negativity?
![Why US Feds rate cut did little to cheer Indian markets [HD] (Video)](https://secure.gravatar.com/avatar/a529f8b3731b5abf1f9994aa34434368?s=100&d=mm&r=g "Why US Feds rate cut did little to cheer Indian markets [HD] (Video)"){kind=avatar}
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For the first time in a decade, the US central bank has slashed interest rates. Logic suggests that the Fed's decision should have cheered markets up, especially in emerging economies. Instead, they crashed. In India, the Sensex lost 1.23% while the Nifty slid 1.24%. Markets in China and Hong Kong suffered too. Watch the video to find out what is the reason behind this negativity?