Barclays Capital

Rate hikes to continue despite imminent slowdown

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Rate hikes to continue despite imminent slowdown

While the fiscal second quarter growth may be just half of what it was in the first quarter, the central bank may not still put a brake on raising interest rates as price pressures continue. Economists have factored a lower growth for the September quarter at 6.5 percent compared to 13.5 percent in the June … Read more

Rising Covid cases to help in pushing accommodative policy

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Rising Covid cases to help in pushing accommodative policy

Mumbai: Rising COVID-19 cases may come in handy for the Reserve Bank of India to reiterate its accommodative stance to push growth despite rising inflation and bond yields, when the central bank’s MPC meets to decide on rates next week. A prospect of a lockdown adds to the growth concerns even as there risks of … Read more