RBI to hold rates through 2026: Economists
Synopsis Economists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the central bank
Synopsis Economists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the central bank assesses war impacts and current price pressures.
Inflation has risen above the target, but a rate hike is considered premature by officials. The RBI will likely avoid using interest rates to defend
the weakening rupee. India's economic growth is forecast to slow to 6.