Economists see waning urgency for the RBI to do large hikes - Economic Times


7/12/2022 12:00:00 AM2 years 9 months ago
by Agencies

RBI Governor Shaktikanta Das, who led the MPC in raising rates by 90 basis points this year including a 50 basis-point action in June, has signaled that any further tightening would be geared to ensure the economy doesnt slow down massively.

Economists have started paring expectations on the size of Indias future interest-rate hikes, with half-point moves seen dispensable, after consumer prices rose less than expected in June. Citigroup… [+1412 chars]

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