Crude Oil Falls to $94, Easing Pressure on RBI Ahead of December Policy
Crude oil’s fall to around $94 a barrel has led markets to scale back expectations for RBI rate hikes, with investors pricing cumulative increases of around 75–100 basis points in 25-basis-point increments.
The fall in crude oil prices to around $94 a barrel has prompted markets to scale back expectations of the Reserve Bank of India's (RBI) rate-hiking cycle, with investors now pricing in cumulative increases of around 75-100 basis points, delivered in 25-basis-point increments at individual policy m…