Global Markets Alert: RBI Hikes Rates, EU Targets Russian Defense, and Dalio Warns of AI Bubble
· thestockmarketwatch.com
The Reserve Bank of India (RBI) surprised some market participants on Wednesday by raising the benchmark repo rate to 5.50%. Governor Sanjay Malhotra flagged
Key Takeaways
The Reserve Bank of India (RBI) raised its policy repo rate by 25 basis points to 5.50% , its first hike since February 2023, citing surging crud...