320-x-100_uti_gold.jpg" alt="Advertisement">
Quote on CPI Inflation by Upasna Bhardwaj, Kotak Mahindra Bank
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is Quote on CPI Inflation by Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank
“The sharply higher than expected March inflation reading further increases the challenge for the MPC as we now see significant upside risks to the recently revised trajectory provided by the committee. March reading broadly confirm the 2QFY23 average crossing significantly higher than 6%, thereby registering three quarters of inflation higher than the upper threshold in a row. We assign a very high probability of a rate hike of 25bps in the June policy along with a stance change.”
Above views are of the author and not of the website kindly read disclaimer
More News
Perspective on today’s RBI Monetary Policy By Mr. Shishir Baijal, Knight Frank India.
