Fed Rate Cut Eyed: Global Markets Mixed, GIFT NIFTY Dips

• Global markets show mixed trends; Gift Nifty down ~50 points, Asian markets mixed.
• US markets closed mixed, with Dow Jones down ~180 points, ahead of the Federal Reserve's interest rate decision.
• The US Federal Reserve is expected to decide on interest rates today, with 87% anticipating a 0.25% cut.
• Market participants are wary of a hawkish stance from the Fed and are closely watching the 2026 rate cut guidance.
• Kevin Hassett is a frontrunner for the next Fed Chairman, with a CNBC survey indicating 84% believe he could be appointed.

Why It Matters: Fed's rate decision and potential new chairman will shape global market direction.