SBI Flags RBI Rate Hike Risk as MPC Hawkish Index Hits 1.82
SBI Research's Ecowrap report says August MPC minutes turned more hawkish, with its normalized hawkishness index rising to 1.82 from 1.76 in June. The divergence between the committee's inflation focus and Governor Sanjay Malhotra's growth-first stance has opened a window for an October rate hike, leaving investors to price a 'chalk or cheese' policy path.
Source: thehindubusinessline.com · neworleanssun.com