Prices unacceptably, uncomfortably high, MPC noted while raising rate

External MPC member Jayanth R Varma dissented on the resolution that said the panel would remain focused on withdrawal of accommodation while seeking to achieve simultaneous goals of restraining inflation and underpinning growth.

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Asian stocks tread water at the start of Fed week

Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets