New Delhi, Dec. 9 -- The United States Federal Reserve (US Fed) is holding its two-day Federal Open Market Committee (FOMC) meeting to decide the key benchmark interest rates for the US economy.

At the Fed's October meeting, the central bank decided to further ease the interest rates for the US economy, cutting by 25 basis points to the range of 3.75% to 4.00%.

Global investors await the decision of the Jerome Powell-led committee, which will announce its outcome of the two-day meeting on Wednesday. Investors now eye the Fed's policy outcome as the US interest rate movement tends to have a ripple effect on other major economies around the world.

The US Federal Reserve's FOMC is conducting its two-day policy meeting starting from Tuesda...