Economy · India
RBI Governor: Discussing Rate Hikes Now is Premature
Reserve Bank of India Governor Sanjay Malhotra has stated that it is premature to discuss potential interest rate hikes. He cited uncertainty over the inflation outlook and geopolitical factors as reasons for not considering immediate rate increases. This stance suggests the central bank is maintaining a neutral monetary policy stance for the near future, leading to a rally in Indian bonds.
How outlets across the spectrum covered it
Left 1 · Centre 4 · Right 0 n = 5
- Left (1): The Telegraph (India)
- Centre (4): Business Standard, Mint, The Free Press Journal, The Times of India
- International (1): Bloomberg