Quote on RBI MPC Announcement by Aditi Nayar, Chief Economist, ICRA Ltd
Below the Quote on RBI MPC Announcement by Aditi Nayar, Chief Economist, ICRA Ltd
"Today's policy outcome is in line with our expectations of a rate hike with a change in stance to clearly signal that rate cuts are off the table. The inflation prints are expected to harden moving forward, on account of a combination of factors such as the poor monsoon, rising commodity prices and an unfavourable base effect, setting the stage for another rate hike in December 2026. as of now, we do not foresee the need for further rate tightening in 2027."
Above views are of the author and not of the website kindly read disclaimer
More News
Perspective on RBI MPC by Ms. Madhavi Arora, Chief Economist, Emkay Global Financial Services
