India's consumer price inflation climbed to a 20‑month high of 4.82% in August, surpassing the Reserve Bank of India's 4% midpoint target for the third month in a row. The persistent price pressure has revived market expectations of an early monetary policy tightening.
RBI Governor Sanjay Malhotra met Finance Minister Nirmala Sitharaman on Monday, a meeting that comes after India posted a record 7.8% GDP growth in the first quarter of the fiscal year. The discussion precedes the Monetary Policy Committee’s October session, where analysts anticipate a rate hike amid rising oil prices and inflation pressures.
Three key policy decisions, beginning with the US Federal Reserve on Wednesday and followed by the Bank of England and Bank of Japan on consecutive days, could reshape the global monetary policy outlook for the remainder of 2026 and beyond
US stocks open mixed as Kevin Warsh provides fresh cues for inflation, interest rate and growth Upstox Markets Brace for Possible Rate Hike After Kevin Warsh’s Hawkish Turn WSJ Inflation data 'concerning': Fed chair Warsh signals rates may need to rise The Times of India Marshmallows and monetary policy UBS Wall Street holds out hope for gold...
Markets await insights from Kevin Warsh on ‘underlying inflation’ and key indicators that influence his monetary policy decisions. His previous comments suggest a cautious stance on rate increases, but specifics on measuring inflation remain unclear, adding to investor uncertainty.
Monetary Policy Committee (MPC) unanimously decides to maintain the policy repo rate with a focus on sustainable disinflation and economic growth.
