Nomura expects the Reserve Bank of India to raise interest rates by another 25 basis points in December.

智通财经2026/10/08 02:21

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Nomura analysts stated in a report that the Reserve Bank of India unexpectedly shifted its policy stance from "neutral" to "orderly tightening" in order to stabilize inflation expectations and build a buffer against a globally adverse environment. The investment bank expects the Reserve Bank of India to raise rates by another 25 basis points in December and then pause, which contrasts with the market's expectation of a longer rate hike cycle. The Reserve Bank of India has raised its GDP growth and inflation forecasts for the 2026/27 fiscal year to 7.1% and 5.2%, respectively, and has also raised its inflation forecast for the coming year to 5.6%.

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Nomura analysts stated in a report that the Reserve Bank of India unexpectedly shifted its policy stance from "neutral" to "orderly tightening," aiming to stabilize inflation expectations and build a buffer against adverse global conditions. The investment bank anticipates that the Reserve Bank of India will raise rates by another 25 basis points in December before pausing hikes, contrasting with market expectations that the rate hike cycle will last longer. The Reserve Bank of India has raised its GDP growth and inflation forecasts for fiscal 2026/27 to 7.1% and 5.2% respectively, and raised its inflation forecast for the coming year to 5.6%.

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According to information from Zhitong Finance APP, Amazon (AMZN.US) confirmed on Wednesday that it has laid off a small number of employees, mainly from its Stores division responsible for its main e-commerce website. This round of layoffs is the latest small-scale staff reduction since Amazon's large-scale layoffs that began last year and continued into January this year. The previous round involved about 30,000 employees. A person familiar with the matter stated that Amazon cut fewer than 1,000 white-collar employees this time.

智通财经•2026/10/08 03:21

Citi raises TSMC target price to 4,000 New Taiwan dollars, maintains Buy rating

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智通财经•2026/10/08 03:16