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Moneycontrol Poll | Yet another 50 bps rate hike likely this week on inflation overhang

Summary by Ground News
The Monetary Policy Committee (MPC) begins its three-day meeting on September 28 and will announce the outcome on September 30. A 50 bps increase in the repo rate this week would be the fourth consecutive one since May. The MPC has increased the policy repo rate by 140 basis points since May to quell inflationary pressure.

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Moneycontrol Poll | Yet another 50 bps rate hike likely this week on inflation overhang

This week’s expected repo rate hike will be the fourth in a row since May. At 5.90 percent, the repo rate would be the highest since April 2019

·India
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Moneycontrol broke the news in India on Wednesday, September 28, 2022.
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