✉news BusinessBanking first seen 2 d ago, last 2 d ago, peak #22
India set for first interest rate hike in almost four years
Original: India Set For First Rate Hike in Almost Four Years: Guide
India's central bank is expected to raise interest rates for the first time in almost four years, according to a Bloomberg guide to the decision. The move would mark a shift in monetary policy after a long stretch without a hike, with markets and analysts watching closely for the size and timing of the increase and what it signals about inflation.
Why now: A first rate hike in nearly four years would be a major monetary policy shift affecting markets, borrowers and businesses across India.
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Evidence
- India Set For First Rate Hike in Almost Four Years: Guide · Bloomberg.com
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