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RBI minutes reveal split over rate hikes, with inflation risks mounting

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RBI minutes reveal split over rate hikes, with inflation risks mounting

Indian policymakers agreed inflation had worsened enough to warrant higher interest rates, but differed over how much more tightening may be needed, minutes of the central bank’s October meeting showed.Reserve Bank of India Governor Sanjay Malhotra sought to keep the path ahead

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • GS Goldman Sachs

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR

    A fund of financial companies

  • KRE SPDR S&P Regional Banking

    Regional banks are sensitive to interest rates

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT———————
IEF———————
SHY———————
SPY———————
JPM———————
BAC———————
GS———————
XLF———————
KRE———————

RBI minutes reveal split over rate hikes, with inflation risks mounting TradingView

Source: TradingView

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This story

12 out of 100

“RBI minutes reveal split over rate hikes, with inflation risks mounting” scores 12 out of 100. The score uses 1 sources.