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India’s surprise rate hike spurs bets on more sharp increases

May 05, 2022 12:37 PM

MUMBAI (BLOOMBERG) – After being lulled into complacency as recently as February that India’s central bank will not tighten policy anytime soon, investors have swung the other way and are factoring in sharp increases by the monetary authority that is grappling with surging inflation much like its counterparts globally.

Source : https://www.straitstimes.com/business/economy/indias-surprise-rate-hike-spurs-bets-on-more-sharp-increases

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