India RBI May Hike Rates More Than Expected, Swaps Signal
Swap pricing suggests the Reserve Bank of India may implement a larger interest rate hike than anticipated on Wednesday, as policymakers grapple with price pressures and rising global yields.
At least five bankers said swap pricing suggests the Reserve Bank of India may deliver a larger interest-rate hike than most expect on Wednesday as policymakers face price pressures and surging global yields. The 1-month…