Section
Central banks, data, trade, markets policy and companies — in India and globally.
Business & EconomyAnalysis
Minutes released on October 21 show the RBI's MPC unanimously raised the repo rate to 5.50% but split 4–2 on shifting to a tightening stance, as September retail inflation climbed to 5.54%.
US consumer prices rose 0.6% in September, taking annual inflation to 3.7% from 3.4% as energy costs surged, while core inflation edged up to 2.6% ahead of the Fed's October meeting.
Japan's core consumer prices rose 2.1% in September, back above the Bank of Japan's 2% target for the first time in nine months, with a closely watched underlying gauge jumping to 2.4% ahead of the BoJ's October 29–30 meeting.
