Trade Setup for December 16: Nifty traders remain on the edge after sharp intraday swings

All eyes for the upcoming week will be on the US Federal Reserve’s policy decision, where a 25 basis points rate cut from Jerome Powell & Co. is almost a done deal, but the focus will be on the commentary for the road ahead as to where the FOMC sees the interest rates in 2025, particularly after Donald Trump takes office on January 20.

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