RBI Minutes Show Split Over Further Rate Hikes
Indian policymakers agreed inflation had worsened enough to warrant higher interest rates, but differed over how much further tightening may be needed, minutes of the Reserve Bank of India’s October meeting showed.
Indian policymakers agreed inflation had worsened enough to warrant higher interest rates, but differed over how much more tightening may be needed, minutes of the central bank’s October meeting showed.Reserve Bank of India Governor Sanjay Malhotra sought to keep the path ahead data-dependent after…