The Open Bell — Ep. 077 — 7 Oct 2026
Today on The Open Bell:
The Fed raised rates again in September, but the minutes released today show a central bank quietly arguing with itself about whether it's gone too far, and the honest answer is that nobody on that committee seems entirely sure.
France's debt costs are now blowing out at a pace that's bringing back some uncomfortable memories of 2011, the euro just hit a 17-month low, and the question the bond market is asking isn't whether France has a problem but whether Europe does.
India's central bank just hiked rates for the first time since early 2023, erasing the cuts it spent all of last year making, and if you thought the global rate-cut cycle was firmly underway, today was a reminder that it's a lot more complicated than that.
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Not investment advice. For informational purposes only.
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Chapters: 00:00 Introduction 00:14 Fed Minutes Reveal Split on Pace of Further Rate Hikes 03:17 Euro Hits 17-Month Low as French Debt Spread Surges Past 150 05:55 RBI Raises Repo Rate to 5.50% in First Hike Since Feb 2023 07:53 Closing thoughts