India's central bank hikes rates for the first time since 2023 as inflation risks build
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.


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We are not tracking “inflation-risks” as a topic yet, so here are the stories that mention it.
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.

Rising energy costs, persistently high inflation and mounting federal debt are clouding the outlook for the U.S. economy - and Americans' finances.

The bank held its benchmark one-week repo rate at 37.0%, it said Thursday. The bank last cut its key rate in January.
The central bank doesn't rule out further interest-rate increases, especially if the unresolved war in the Middle East drives fuel prices sharply higher once a…
The ASX is set to rise as stronger oil, copper and gold support resources while inflation risks pressure technology and property shares.

More officials pointed to the artificial intelligence build-out as a source of persistent inflationary pressures at Chairman Kevin Warsh's first meeting.
The Reserve Bank of New Zealand raised interest rates Wednesday in what appeared to be a tentative move by policy makers to combat nagging inflation pressures.
At a European Central Bank conference in Sintra, Portugal, Warsh said inflation risks "have come down" - but argued there's more work to be done.

Minneapolis Fed President Neel Kashkari said inflation risks have led him to pencil in one rate hike by the end of the year.
Bangko Sentral ng Pilipinas raised its benchmark rate to 4.75% in an attempt to tame inflation fueled by the conflict in the Middle East.
Gov. Shin Hyun-song 's remarks will likely reinforce market expectations that the central bank will resume tightening as soon as next month.
Christopher Waller said holding rates steady will likely be the right course for the foreseeable future, and he can no longer rule out rate hikes down the road…
The People's Bank of China said in its first-quarter monetary policy report that imported inflation risks require "close monitoring."
April's report showed employers added more jobs than expected, supporting the central bank's view that it can afford to hold interest rates steady.


Neel Kashkari wrote Friday that the central bank should signal that its next rate change could be either a cut or a hike.
Jerome Powell said after the end of his term as Federal Reserve Chair in May he will remain on the board as a governor to help ensure the Fed is free of politi…

Dimon previously warned the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push interest rates higher.

Bangko Sentral ng Pilipinas opted to raise its benchmark overnight reverse repurchase rate to 4.50% from 4.25%.
India's central bank needs to weigh growth risks and inflation pressures from the Iran war as higher energy costs and supply disruptions mount.

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