Report
The case for an October RBI rate hike as inflation broadens
The Economic Times reports that broadening inflation, strong growth and rate hikes by central banks abroad are adding pressure on the RBI to raise rates in October.
TLDR
The Economic Times reports that a Reuters poll found most economists expect the RBI to raise rates by 25 basis points to 5.50% in October. Markets are already pricing in further increases over the next year, according to the report.
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