Economic TimesLean R·
Indian bonds steady after RBI minutes signal more rate hikes
Indian bond yields remain steady at approximately 7.45%, influenced by growing inflation anxieties. The Reserve Bank of India recently increased the repo rate to 5.50%, hinting that further hikes may follow. With climbing oil prices and food inflation heightening economic concerns, analysts speculate another increase may occur in December, before a potential pause. The elevated energy costs pose significant challenges for India's economy, affecting the rupee and government finances.
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