- The Middle East crisis is impacting freight rates and imports, while El Nino is driving up electricity consumption in India.
- RBI manages inflation and monetary policy, threatening agricultural output and food prices due to El Nino.
Morgan Stanley expects the Reserve Bank of India to implement rate hikes, citing El Nino's contribution to a hazy economic outlook.
3 reports, 3 independent
Updated Wed 00:00
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What happened
Morgan Stanley expects the Reserve Bank of India to implement rate hikes, citing El Nino's contribution to a hazy economic outlook.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Union Bank report drives RBI rate hike decision amid El Niño supply disruptions.1 source
Morgan Stanley forecasts RBI rate hikes due to El Nino's impact on the economic outlook.1 source
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The entities involved
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Morgan Stanley
U.S. investment bank
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Reserve Bank of India
central bank of India
- El Nino
Related events
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- RBI appoints Sanjay Malhotra as Governor while West Asia conflict drives up food and fuel prices.
- The Bank of Papua New Guinea governor provided economic forecasts, noting that El Nino is negatively affecting the economic outlook and inflation in PNG.