Stage is set for a rate hike

The consensus is expecting the Reserve Bank of India (RBI) to keep rates on hold at the upcoming meeting that concludes on Wednesday 6th June. But the hawkish tone of the previous meeting’s policy minutes, and the deterioration in the inflation picture since then, suggest to us that policy is likely to be tightened next week.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.