Sharper, Bigger RBI Moves Coming in December? SBI Economists Put Things in Perspective
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions take the expected path.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishRBI may raise rates by 50 basis points in December if inflation and global conditions warrant it.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike.
- 02The central bank manages inflation risks alongside pressure on the rupee and capital flows.
- 03Future moves will depend on inflation trajectory and global economic conditions.