EZB8RISK / Market Verdict

AI Search: India’s main new macro development after the cutoff is a fresh market expectation that the RBI will hike the repo rate by 25 bps at its October 7 meeting.

India’s main new macro development after the cutoff is a fresh market expectation that the RBI will hike the repo rate by 25 bps at its October 7 meeting. That would be a material policy response to inflation and currency pressure, keeping India risk assets under strain.

Sources: https://bfsi.economictimes.indiatimes.com/amp/articles/why-rbi-may-hike-policy

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