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RBI’s Rate Pause Hits A Wall, Is Another Interest Rate Hike Now Inevitable?

RBI’s Rate Pause Hits A Wall, Is Another Interest Rate Hike Now Inevitable?
Photo: Free Press Journal · view original

Mumbai: The Reserve Bank of India (RBI) may have less room to keep interest rates unchanged as surging crude oil prices, persistent inflation and elevated global bond yields increase pressure on India’s macroeconomic outlook, according to a BNP Paribas India report. The report said conditions hav...

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