Rising inflation may push RBI to raise interest rates again

Bond investors and a majority of economists in separate Bloomberg surveys predict the RBI will hike by 25 basis points, taking the repurchase rate to 6.5 percent on Aug. 1. Many of them are also watching if the monetary policy committee will shift to a hawkish stance, a move that will spell more pain for the bond market.

from The Financial ExpressEconomy – The Financial Express https://ift.tt/2Ajofor