India RBI May Deliver Outsized Rate Hike on Wednesday, Swaps Signal
Swap pricing suggests the Reserve Bank of India might implement a larger interest rate increase than anticipated on Wednesday. Policymakers are contending with inflationary pressures and rising global yields.
The Reserve Bank of India may tighten monetary policy with a larger interest-rate increase than most expect on Wednesday, according to at least five bankers’ interpretation of swap pricing, as policymakers confront price pressures and surging global yields. The 1-month…