Geopolitics Alpha

Serb c-bank raises key rate to 6.0% over inflation concerns

Published . Updated .

Key takeaways

  • Serbia's central bank, NBS, said it raised on Thursday its key policy rate by 0.25 bps to 6.0%, tightening its monetary policy for the first time in more than two years, in an effort to cushion the secondary inflation pass-through effects of rising energy prices as the Middle
  • Exposed: TIP, XLP, WMT, COST, PG
  • Market reaction: TIP −0.5% on the day; XLP −0.4% on the day; COST +0.5% on the day

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Serb c-bank raises key rate to 6.0% over inflation concerns

Serbia's central bank, NBS, said it raised on Thursday its key policy rate by 0.25 bps to 6.0%, tightening its monetary policy for the first time in more than two years, in an effort to cushion the secondary inflation pass-through effects of rising energy prices as the Middle

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.

  • XLE Energy Select Sector SPDR+7.5% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.

  • EEM iShares MSCI Emerging Markets ETF-3.3% 13d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“serbia”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from emerging markets.

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in emerging markets

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from emerging markets.

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.74%+0.82%base+3.43%after closeafter closeafter close
XLE-2.64%-2.21%base+1.50%after closeafter closeafter close
BWET+23.15%+6.41%base+5.26%after closeafter closeafter close
EEM-6.42%-1.63%base-1.52%after closeafter closeafter close
CEW+0.00%+0.00%base—after closeafter closeafter close
EMB-0.03%+0.53%base-0.81%after closeafter closeafter close
EMLC+0.45%+1.06%base-0.57%after closeafter closeafter close
XOM-0.81%-1.14%base+1.84%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Serb c-bank raises key rate to 6.0% over inflation concerns SeeNews

Source: SeeNews

Ishares Tr (TIP) since “Serb c-bank raises key rate to 6.0% over inflation concerns,” compared with the market

CompanyWhenMoveStatus
BWETthat day+5.26%final price
BWETthree days earlier+6.41%final price
BWETfive days earlier+23.15%final price
CEWthree days earlier0.00%final price
CEWfive days earlier0.00%final price
EEMthat day-1.52%final price
EEMthree days earlier-1.63%final price
EEMfive days earlier-6.42%final price
EMBthat day-0.81%final price
EMBthree days earlier+0.53%final price
EMBfive days earlier-0.03%final price
EMLCthat day-0.57%final price
EMLCthree days earlier+1.06%final price
EMLCfive days earlier+0.45%final price
USOthat day+3.43%final price
USOthree days earlier+0.82%final price
USOfive days earlier+4.74%final price
XLEthat day+1.50%final price
XLEthree days earlier-2.21%final price
XLEfive days earlier-2.64%final price
XOMthat day+1.84%final price
XOMthree days earlier-1.14%final price
XOMfive days earlier-0.81%final price

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Who gains and who loses around Ishares Tr (TIP)

Companies mentioned with this story

  • TIP Ishares Tr

    Ishares Tr (TIP) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Serb c-bank raises key rate to 6.0% over inflation concerns.” Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLP Select Sector Spdr Tr

    For “Serb c-bank raises key rate to 6.0% over inflation concerns,” Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence. Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    For “Serb c-bank raises key rate to 6.0% over inflation concerns,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    For “Serb c-bank raises key rate to 6.0% over inflation concerns,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    For “Serb c-bank raises key rate to 6.0% over inflation concerns,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • KO Coca Cola

    For “Serb c-bank raises key rate to 6.0% over inflation concerns,” Coca Cola (KO) is linked, with no stored direction, medium confidence. Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How “Serb c-bank raises key rate to 6.0% over inflation concerns” reaches Ishares Tr (TIP)

On 12 Nov 2026, “Serb c-bank raises key rate to 6.0% over inflation concerns” is the story that connects Ishares Tr (TIP) to this story.

What ties Ishares Tr (TIP) to the headline is this: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Select Sector Spdr Tr (XLP) is here too. Its reason reads: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Price levels for Ishares Tr (TIP)

TIP traded between 103.77 and 105.61 across 15 sessions. The latest close on file is 105.27. WMT traded between 108.59 and 130.92 across 20 sessions. The latest close on file is 129.23. XLP traded between 80.10 and 82.29 across 5 sessions. The latest close on file is 81.02.

A simple score for Ishares Tr (TIP)

46 out of 100

“Serb c-bank raises key rate to 6.0% over inflation concerns” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.