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Economics2h 15m ago

Economists have dialed back expectations for interest rate hikes in India as inflation is expected to remain moderate.

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India

Who
Reserve Bank of India, economists
What
Economists have dialed back expectations for interest rate hikes in India as inflation is expected to remain moderate.
When
Tue, 14 Jul 2026 09:42:00 GMT · 2h 15m ago
Where
India ·
Why
Retail inflation rose to 4.38% in June, exceeding the RBI's target, but core inflation remained around 4%, suggesting a lower annual average and reducing the immediate need for policy tightening.
The Frontline Impact

How this affects you

The Reserve Bank of India may not tighten monetary policy soon. Future rate hikes are contingent on sustained core inflation exceeding 4.5%.

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