InvestorQ : Why is HSBC expecting RBI to raise rates aggressively?
Dilmini Mercia made post

Why is HSBC expecting RBI to raise rates aggressively?

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Dawn Cherian answered.
3 weeks ago
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HSBC Global Research pegged repo rate expectations at 6% by December 2022 after CPI inflation bounced back to 7% for August 2022. That entails another 60 bps rate hike in the next 2 MPC meetings. With core inflation bouncing back to 6.17%, terminal repo rates in India at expected to touch 6.5%. Food inflation is a problem due to weaker than expected Kharif output this year.
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