Firming commodity prices, rising US dollar, and geopolitical tensions may delay RBI rate cuts. Elara Capital expects no rate cut until Q4FY25 due to global factors and sticky food inflation in India.
Omicron seen slowing India’s policy normalisation path : Rashtra News The Reserve Bank of India will likely keep its key lending rate at a record low for a ninth straight meeting, with a new virus variant seen as the latest threat to the central bank’s efforts to return policy to normal. All 28 economists surveyed
Mumbai: India’s strong growth momentum is giving the central bank the policy space to unwaveringly focus on price stability which inturn would help set the foundation for a period of high growth,.
India’s giving inflation room to grow, but that may bite : Rashtra News #Indias #giving #inflation #room #grow #bite Inflation is getting a free pass in India. Policy makers seem to believe that by not raising interest rates and letting prices bubble up for a bit they will encourage investment and employment and boost post-pandemic