Broadening inflation, robust growth, global hikes build case for India RBI tightening
The Economic Times has reported a new India-focused economy development: “Broadening inflation, robust growth, global hikes build case for India RBI tightening.” The publisher's feed describes the story as follows: 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 furthe
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