MPC minutes: two more rate hikes expected, maybe a third
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Market participants and economists now expect a 25-bps increase in the December and February reviews. A further 25-bps increase in April isn't ruled out if crude oil prices remain persistently above $100. One basis point is a hundredth of a percentage point.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishExpected rate hikes weigh on bonds and equities, with oil as a key driver.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Market participants expect 25 bps hikes at the December and February reviews.
- 02A further 25 bps hike in April is not ruled out if crude stays above $100.
- 03One basis point is one hundredth of a percentage point.