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RBI expected to deliver 25 bps hike on Apr 6, rate cut by Dec 2023
RBI expected to deliver 25 bps hike on Apr 6, rate cut by Dec 2023
The RBI has been hiking rates with an eye to tame inflation, which mostly remained beyond the upper tolerance limit of 6 per cent. "I am leaning towards a further and final 0.25 percentage point hike in rates," Chief Economist at Axis Bank Saugata Bhattacharya told reporters, adding that the hike will tame the stubbornly high core inflation.
The RBI has been hiking rates with an eye to tame inflation, which mostly remained beyond the upper tolerance limit of 6 per cent. "I am leaning towards a further and final 0.25 percentage point hike in rates," Chief Economist at Axis Bank Saugata Bhattacharya told reporters, adding that the hike will tame the stubbornly high core inflation.
The RBI has been hiking rates with an eye to tame inflation, which mostly remained beyond the upper tolerance limit of 6 per cent. "I am leaning towards a further and final 0.25 percentage point hike in rates," Chief Economist at Axis Bank Saugata Bhattacharya told reporters, adding that the hike will tame the stubbornly high core inflation. 
