Thursday, June 16, 2022

Fed's uncommon 75 may push RBI to go for steep hikes

Bankers said increments of 25 basis points each will not work now and the RBI will have to go for a higher 50 basis point move to have any effect on prices. What that means is the yield on the benchmark bond is set to increase, possibly impacting government borrowing.

from Economy-News-Economic Times https://ift.tt/uJs5X3B
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