RBI likely to delay rate hikes until December
RBI is likely to delay rate hikes until December amid rising inflation risks, according to Icra's Aditi Nayar. The CPI forecast has been raised to 5% for FY27, which is above the RBI's target, indicating potential market implications.
after close1 source ↓written by the desknot a recommendation
- for FY27
- 5%
The Reserve Bank of India (RBI) is expected to hold off on monetary tightening amid rising inflation risks from fuel prices and monsoon uncertainties. Aditi Nayar from Icra suggests a possible rate hike in December if inflation pressures persist, with CPI forecast raised to 5% for FY27, exceeding the RBI's target. 📈
This cautious approach may influence market sentiment, as traders await clearer inflation signals before the MPC acts.
Not investment advice. For informational purposes only.