BofA predicts RBI rate hold, 50 bps hike by December 2026
after close1 source ↓written by the desknot a recommendation
- growth forecast
- 6.9%
- 6.5%
BofA Securities anticipates the RBI will maintain current policy rates in the near term, with a 50 bps hike expected by December 2026 due to domestic inflation risks. The firm has raised its FY27 GDP growth forecast to 6.9% from 6.5%, citing stronger consumption and investment demand. However, risks from below-normal monsoon rainfall could impact food inflation and rural economic activity.
Not investment advice. For informational purposes only.