Report Sees Shallow RBI Rate-Hike Cycle of 50–75 Basis Points
A research report says persistent food inflation and elevated crude oil prices are likely to shape further RBI rate hikes, with the tightening cycle expected to total 50–75 basis points.
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RBI poll sees rate hike to 5.50% in October
A Reuters poll of 61 economists expects the Reserve Bank of India to raise its repo rate at its October 5-7 meeting. The poll also shows a slim majority expecting at least another increase by December.