scorecardresearchEconomists See Waning Urgency for India’s RBI to Do Large Hikes

Economists See Waning Urgency for India’s RBI to Do Large Hikes

Updated: 13 Jul 2022, 08:11 AM IST
TL;DR.
Economists have started paring expectations on the size of India’s future interest-rate hikes, with half-point moves seen dispensable, after consumer prices rose less than expected in June.
Mumbai: Reserve Bank of India Governor Shaktikanta Das during the key-note address as part of Central Board of Indirect Taxes and Customs (CBIC) Iconic Week celebrations under 'Azadi Ka Amrit Mahotsav', in Mumbai, Thursday, June 9, 2022. (PTI Photo/Kunal Patil)(PTI06_09_2022_000053A)

Mumbai: Reserve Bank of India Governor Shaktikanta Das during the key-note address as part of Central Board of Indirect Taxes and Customs (CBIC) Iconic Week celebrations under 'Azadi Ka Amrit Mahotsav', in Mumbai, Thursday, June 9, 2022. (PTI Photo/Kunal Patil)(PTI06_09_2022_000053A)