Tuesday, September 19, 2023

Asian stocks struggle as oil surge sets stage for hawkish Fed

Futures pricing implies almost no chance of a Fed hike at 1800 GMT, but traders, who have begun winding back bets on cuts in 2024 and will be closely focused on the U.S. central bank's economic projections and chair Jerome Powell's news conference.

from Economic Times https://ift.tt/RKbQ2eq

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...