Sharper, Bigger RBI Moves Coming in December? SBI Economists Put Things in Perspective
Economists expect another 25-basis-point hike or a larger move as inflation forecasts rise and the RBI shifts to calibrated tightening.
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More RBI rate hikes coming, SBI wants ‘jumbo’ 50 bps increase by December
The Reserve Bank of India will announce its next interest rate decision on December 4, where it is widely expected to announce another rate hike of 25 basis points to take the repo rate to 5.75%.
Sharper, bigger RBI moves coming in December? SBI economists put things in perspective
The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions take the expected path.
According to economists at the State Bank of India (SBI), the RBI may hike the repo rate by a significant 0.50 per cent in its next monetary policy review in December.
SBI Research On Repo Rate: According to SBI Research, RBI may increase the repo rate by 50 basis points in the December MPC, which may impact inflation and global conditions.
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