Inflation Could Hit 7%, Forcing RBI to Hike Rates by 150 Bps Further: Report
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The Economic Times
Times of IndiaInflation could hit 7%, forcing RBI to hike rates by 150 bps further: Report
India's inflation is projected to reach 6-7% due to increasing price pressures and consumer expectations. The Reserve Bank of India has acknowledged risks stemming from rising input costs and resilient domestic demand. Recent trends show that household inflation expectations are significantly higher than headline inflation rates. The RBI has raised its GDP growth projection while revising inflation forecasts upwards to 6% for the upcoming quarte…
Inflation May Surge to 6-7%, RBI May Need to Raise Repo Rate by 100-150 Bps: Report
Get latest articles and stories on Business at LatestLY. India's inflation risks are significantly higher than the Reserve Bank of India (RBI) currently acknowledges, with price pressures likely to push inflation to 6-7 per cent in the coming quarters, potentially requiring further interest rate hikes, according to a report by Systematix Institutional Equities. Business News | Inflation May Surge to 6-7%, RBI May Need to Raise Repo Rate by 100-1…
According to a report by Systematix Equities, inflation in India could rise to 6-7 percent. To control this, the RBI may have to raise the repo rate by 100-150 basis points, which would increase pressure on financial markets.
Contrary to Reserve Bank of India (RBI) projections, inflation risks in the country are steadily increasing. A recent report by Systematix Institutional Equities warned that retail inflation could rise to 6 to 7 percent in the coming quarters.
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