Officials from RBI’s Financial Markets Regulation Department (FMRD) have informally spoken to banks, particularly foreign lenders, to gauge unwinding of overseas trading positions in Indian debt markets, including those taken in certain interest rate derivatives, people aware of the matter told ET.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend