Indian shares open lower as rising inflation dampens rate cut hopes
(Reuters) -Indian shares opened lower on Wednesday as a spike in retail inflation dampened hopes of a rate cut by the Reserve Bank of India (RBI) next month, adding to concerns over dull earnings and sustained foreign outflows.
RBI may defer rate cut call to February as inflation's still hot
Economists predict that the Reserve Bank of India may postpone a rate cut until February. This delay is attributed to concerns about rising inflation and global market instability. The central bank is closely monitoring food inflation,
RBI rate cut: After the US Fed action, it’s a matter of when and not if
With the US Federal Reserve slashing key interest rates again and domestic inflation expected to ease from December onwards, the RBI could start the interest rate easing cycle in February 2025.
Indian shares set for muted start as rising inflation dampens domestic rate cut hopes
Indian shares will likely open little changed on Wednesday after a rise in October retail inflation dampened hopes of a rate cut by the Reserve Bank of India (RBI) next month, adding to market worries amid dull earnings and sustained foreign outflows.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Inflation Rise Expected for October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate may have ticked up for the first time in seven months, after more than two years of gradual cooling.
Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Inflation rose to 2.6% in October in first increase in six months
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise in annual inflation in six months.
Inflation Rose In October, Raising Concerns For Fed Rate Cuts
Inflation in the United States ticked up in October, driven by costlier rents, used cars and airfares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
Foreign banks diverge on RBI’s rate path as inflation hits 14-month high
Foreign banks speculate on RBI's rate stance for December MPC meeting amid rising inflation and slowing economic growth.
cnbctv188h
View | India's inflation is high but that's not RBI's only worry
But in the face of inflation still ruling far above its 4% target, the central bank may be hard-pressed to defend a rate ...
RBI to pause in December as inflation and Trump change the status quo: Economists
Economists noted that inflation would likely be higher than the 4.8 percent target set by the RBI for the third quarter of ...
‘Persistent price pressures, weak growth limit scope for rate cuts by RBI’
India's high inflation and moderate industrial growth present challenges for the RBI, delaying potential rate cuts.
newsbytesapp.com23h
Retail inflation in October touches 14-month high of 6.21%
The Reserve Bank of India (RBI) aims to keep inflation within the 2-6% range, with an ideal medium-term target of 4%.
Retail inflation in October touches 6.21%, crosses RBI tolerance ceiling of 6%
Food inflation rose to 9.69% in October, up from 9.24% in September. Rural inflation also increased to 6.68%, compared to ...
Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
It must tame general inflation as a priority, and prices can rise in interlinked ways. Also, India’s central bank must keep ...
RBI’s Das Says Stance Shift Doesn’t Mean Immediate Rate Cut
India’s central bank governor said an easing in the monetary policy stance doesn’t mean interest rates will be cut at the ...
Inflation Picked Up in October; CPI Up 2.6% on Year
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...