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BSP to extend rate hike pause — poll - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Axis Bank predicts that the RBI will not reduce rates in 2024 due to volatile food prices and rising global prices. The bank predicts that food inflation will remain volatile, with supply shocks and erratic monsoons contributing to the situation. Despite export restrictions on wheat and rice, rising global prices have affected local prices, increasing the risk of entrenching inflation expectations. ....
Analysts' Expectations on Policy Rates (December 2023) bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Financial analysts anticipate that the key policy rates will likely remain unchanged, given the gradual convergence of inflation towards the RBI’s target level and the upward trajectory of economic growth. Individuals looking to secure loans can find relief in the absence of imminent rate hikes. ....