Amid a global oil crunch due to Middle East conflict, the RBI faces pressure on inflation targets, leading to potential rate hikes and credit cycle tightening.
5 reports, 5 independent
Updated Aug 26
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What happened
Amid a global oil crunch due to Middle East conflict, the RBI faces pressure on inflation targets, leading to potential rate hikes and credit cycle tightening.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.RBI defends currency against short positions as inflation data cues future borrowing costs.1 source
- RBI may raise interest rates due to inflation.Sub-event
- RBI Governor suggests lowering the long-term inflation target.Sub-event
- The inflation-targeting framework is credited with helping to lower the average inflation rate in India.Sub-event
RBI considers rate hike amid oil price shocks and credit cycle exposure.1 source
RBI addresses inflation concerns linked to rising crude oil input costs.1 source
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The entities involved
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Reserve Bank of India
central bank of India
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