From 5.5% to 7%? Systematix flags RBI rate-hike risk

Systematix Institutional Equities reported that India's inflation could rise to 6-7%, prompting the Reserve Bank of India (RBI) to consider further interest rate hikes. The report highlights underestimated risks from input costs and consumer expectations, with inflation expectations averaging 9.1% in September 2026. The RBI's next policy meeting is scheduled for December 2023.

Read the source (Economic Times)

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