India will need to make a 'growth sacrifice' to slow inflation, says JPMorgan - CNBC

India's central bank has raised interest rates faster and higher than it anticipated as inflation surged.

India will need to make a "growth sacrifice" to contain inflation, a JPMorgan economist told CNBC on Thursday. On Wednesday, the Reserve Bank of India raised the repo rate, or the rate at which bank… [+3050 chars]

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