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RBI in neutral may be reading India’s prices wrong

  Bloomberg As India’s monetary policy committee begins its two-day meeting, the inflation-targeting central bank may be using flawed price measures as the basis for its swing to neutral policy. All 50 economists in a Bloomberg survey predict the Reserve Bank of India (RBI) will leave the repurchase rate unchanged at 6.25% on Thursday, as price pressures appear to be ...

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Deutsche Bank loses three senior executives after bonuses slashed

  Bloomberg Deutsche Bank AG, which slashed bonuses for a second straight year, saw several senior employees leave after paying out deferred compensation for previous years. At least three executives — Kevin Burke, Neil Hosie and Patrick Kelly — departed from the lender’s trading unit in Asia, and one executive, Holger Knittel, took a new job in the bank’s home ...

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Philippine Central bank chief sees no urgency to adjust ‘policy’

  Bloomberg The Philippines central bank sees no urgency to adjust its policy stance with inflation forecast to ease after peaking in the third quarter, Governor Amando Tetangco said. Consumer-price growth will reach close to 4 percent this year before slowing, Tetangco said in an interview in Cebu, south of Manila on Tuesday. With “the inflation forecast being within the ...

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