RBI may delay June rate hike amid inflation concerns
pre-market1 source ↓written by the desknot a recommendation
- could prompt
- 4.5%
Samiran Chakraborty, Chief Economist at Citi India, suggests the RBI is unlikely to raise rates in June despite inflation risks from rising crude oil prices. Current liquidity remains comfortable, with CPI inflation at 3.48%. However, sustained core inflation above 4.5% could prompt a reassessment. Markets are wary of fiscal slippage and global bond yields.
Not investment advice. For informational purposes only.