ANZ analysts note that India’s headline CPI rose to a 14-month high in September, sharper than even our non-conservative estimate. Key Quotes “The increase was driven by higher food inflation, while core inflation moderated for the second straight month.” “Despite coming close to the mid-point of the Reserve Bank of India’s (RBI) target range of 4%, we believe policy action and favourable monsoons will cap the upside to further increase in vegetable prices.” “Today’s uptick will therefore be short-lived, which reinforces our call for the RBI to ease policy rates by 25bps at its policy meeting in December.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Today is Facebook’s big Libra meeting FX Street 4 years ANZ analysts note that India's headline CPI rose to a 14-month high in September, sharper than even our non-conservative estimate. Key Quotes "The increase was driven by higher food inflation, while core inflation moderated for the second straight month." "Despite coming close to the mid-point of the Reserve Bank of India's (RBI) target range of 4%, we believe policy action and favourable monsoons will cap the upside to further increase in vegetable prices." "Today's uptick will therefore be short-lived, which reinforces our call for the RBI to ease policy rates by 25bps at its policy meeting in December." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
