RBI may delay rate hike until December, economists suggest
after close1 source ↓written by the desknot a recommendation
The Reserve Bank of India (RBI) faces pressure to raise interest rates due to rising inflation and surging crude oil prices above $100 per barrel. However, some economists believe the RBI may wait until December to act, prioritizing domestic economic conditions and inflation trends. This cautious approach could impact market sentiment and borrowing costs.
Not investment advice. For informational purposes only.