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India Signals More Rate Hikes Ahead
Source: Bloomberg
Monetary PolicyInterest Rates & YieldsInflationCurrency & FXEnergy Markets & Prices
The RBI has begun tightening policy in India as inflation pressures build, with a weak monsoon, oil at $100 a barrel and a softer rupee cited as drivers. Bloomberg’s Ruchi Bhatia says further rate hikes could follow; the article gives no specific hike size or timing.
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