Economic dataMoneycontrol
Economists forecast 25 bps rate hike in Dec MPC meet
Negative-77
GreyOak summary
October retail inflation crossed the RBI's 6 percent upper limit, reaching 6.09 percent. Economists predict a 25 basis point repo rate hike in the upcoming December MPC meeting. The RBI has shifted its stance to 'calibrated tightening,' indicating further rate hikes are likely to control persistent inflationary pressures.
What it affects
- RBI policy rate and stanceNegative -77
Forecasted 25 bps hike in December.Rolling sentiment Negative -51
- CPI inflationNegative -77
October inflation rose to 6.09 percent.Rolling sentiment Negative -56
