MPC Meet: Reserve Bank of India raises repo rate by a smaller 35 bps amid moderating inflation pressure

The more modest RBI rate hike also coincides with indications that the Federal Reserve will shift to smaller rate increases at its policy meeting this month, as the US monetary authority too have to perk up growth while it probably has done a lot with 375 bps of rate hikes to control inflation.

from Economy-News-Economic Times https://ift.tt/8RDYhwf
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