RBI to raise interest rates to 5.50% in October as inflation broadens, shows poll

Mint has reported a new India-focused economy development: “RBI to raise interest rates to 5.50% in October as inflation broadens, shows poll.” The publisher's feed describes the story as follows: RBI is expected to raise interest rates by 25 bps to 5.50% in October, the first increase since 2023, with one more hike likely in December, a majority of economists polled by Reuters said, as inflation picks up. Intellectual Janata Party includes this item for public-affairs discovery and context on
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