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Wednesday, April 12, 2023

'RBI to extend rate pause through year-end, likely done hiking'

The Reserve Bank of India is expected to keep interest rates unchanged until the end of the fiscal year, according to a Reuters poll of economists. Despite inflation nearing the top level of the 2-6% tolerance range, a majority of 51 economists predicted the bank would not increase rates; only one-sixth expected a hike of 25 basis points to 6.75% by year-end.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/b5GJv9R

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