Tag: policy repo rate

‘Off-cycle move hints at more aggressive rate increases’

‘Off-cycle move hints at more aggressive rate increases’

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The RBI’s surprise decision to raise the repo rate on Wednesday is a clear signal that it will embark on a series of rate increases in the coming months to counter inflation, said economists at banks. “Today’s surprise move is perhaps instigated by the upcoming April inflation print, which could come in higher than expected […]

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