business
RBI to Hold Rates Through 2026 as Growth Risks Outweigh Inflation
Archived — last updated
A Reuters poll of economists has forecast that the Reserve Bank of India will keep its key interest rate unchanged at 5.25% in August and for the rest of the year, as it assesses the impact of the Middle East war on the economy and price…
Latest updates
RBI to Hold Rates Through 2026 as Growth Risks Outweigh Inflation
A Reuters poll of economists has forecast that the Reserve Bank of India will keep its key interest rate unchanged at 5.25% in August and for the rest of the year. The poll, conducted by Reuters, found that economists believe that the growth risks outweigh the inflation risks, and that the RBI will not hike interest rates in the near future. The RBI has been monitoring the impact of the Middle East war on the economy and price pressures, and has decided to keep interest rates unchanged. The decision is expected to boost the economy and help it recover from the recent slowdown.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Topics
Related stories
Latin American banana producers seek higher pay amid climate crisis
Banana producers in Latin America are calling for better pay to help cope with the impact of the climate crisis, as they face big drops in
Democratic midterm sweep threatens Trump tariffs and AI expansion
Democrats won U.S. House and Senate, threatening Trump's tariffs and AI plans
EU considers acting on Russia shadow fleet sanctions without US support
Since Russia's full-scale invasion of Ukraine , Moscow has increasingly relied on a so-called shadow fleet to bypass Western sanctions and