Broadening inflation, robust growth, global hikes build case for India RBI tightening
· economictimes.indiatimes.com
The RBI is under growing pressure to raise rates in October as inflation broadens across the economy, growth remains strong and global central banks tighten policy. A Reuters poll shows most economists expect a 25-basis-point hike to 5.50%, while markets are already pricing in further increases over the next year.
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