✉news BusinessBanking first seen 1 d ago, last 21 h ago, peak #15
Swaps signal risk of outsized RBI rate hike in India
Original: Swaps signal risk of outsized India RBI rate hike to usher in global rate catch-up
Interest-rate swaps are pricing in the possibility of an unusually large interest rate hike by India's central bank, the Reserve Bank of India, as global central banks move to catch up with rising inflation. Traders see elevated odds of an outsized move, with the repricing part of a broader worldwide shift toward faster monetary tightening.
Why now: Global markets are repricing expectations for aggressive central bank rate hikes as inflation accelerates.
Rank over time, top of the chart is #1. 10 snapshots from 1 d ago to 21 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1235979