Quote on RBI Monetary Policy Announcement by Mr. Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund
Below the Quote on RBI Monetary Policy Announcement by Mr. Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund
RBI MPC’s 25bps Repo rate hike today signals the start of a measured tightening cycle amid rising inflation risks, higher global bond yields and heightened geopolitical uncertainty. The MPC’s changed stance from ‘Neutral’ to ‘Calibrated tightening’, along with upward revisions to both inflation and growth estimates, further reinforce the view that policy rates will continue to adjust higher. We expect another 50 bps of rate hikes to follow through over the next 6 months, although decisions are likely to be highly dependent on evolution of global bond environment and geopolitical developments”.
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Quote on RBI Monetary Policy by Mr Ankit Gupta, Founder & MD, Digifinn
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