India seen holding rates as 'Goldilocks' phase gives way to stress - Reuters
India seen holding rates as 'Goldilocks' phase gives way to stress Reuters
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Notable Quotes
"If the energy shock lingers, the growth drag could outstrip the price shock, reminiscent of the COVID-19 pandemic economy."
— Pranjul Bhandari , Academic
"We expect the RBI to continue injecting abundant liquidity into the system, ensuring easy financial conditions to help the economy tide over the shock."
— Aastha Gudwani , Academic
"Rising inflation risks increase our conviction that the RBI will keep policy rates firmly on hold."
— Sajjid Chinoy , Academic
Key People
Chief India economist at Barclays.
Executive director for treasury, markets and wholesale banking products at Axis Bank.
Chief India economist at HSBC.
Chief India economist at J.P. Morgan.
Sanjay Malhotra is the Governor of the Reserve Bank of India.
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<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxQbHVZdC16cURBeTN0X0t4Vk9UQktxUWVZemJyVjlDS3E4Z3ZBTEtFWmpCV0l5UEhnbFg0T095aUFVS0RhVk94U3NaX21uTjQ4Ylo0anpvdWUtS3VUWkVfcU4tdHZDamJGeVBNWGJMWUVUU294M3M2QzViNGdCeUZMdUxQYkZFa0lUTXlwQWc0QVV5eEZqMEE5LW9Xa2h1bHdkOVVfc0s5eFpXZw?oc=5" target="_blank">India seen holding rates as 'Goldilocks' phase gives way to stress</a> <font color="#6f6f6f">Reuters</font>
India's central bank is expected to keep interest rates steady amid fallout from the Iran war, focusing instead on calming financial markets. Policymakers will likely assure readiness to support the weakening rupee and inject liquidity to manage bond yields, as economists assess the impact of the energy shock on growth and inflation.
India's central bank is expected to keep interest rates on hold as policymakers assess the fallout from the war in Iran, which threatens the South Asian economy and has battered its currency and bond markets. The focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check.
India's central bank is expected to keep interest rates on hold as policymakers assess the fallout from the war in Iran, which threatens the South Asian economy and has battered its currency and bond markets. The focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check.
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