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RBI MPC Minutes Signal More Repo Rate Hikes, Economists Expect 50 Bps Increase In December Amid Rising Inflation Risks

RBI MPC Minutes Signal More Repo Rate Hikes, Economists Expect 50 Bps Increase In December Amid Rising Inflation Risks
Photo: Free Press Journal · view original

Mumbai: Economists expect the Reserve Bank of India (RBI) to continue raising interest rates in December after the October Monetary Policy Committee (MPC) minutes revealed growing concerns over inflation and a shift towards tighter monetary policy. The RBI had increased the repo rate by 25 basis...

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