Fed’s uncommon 75 may push RBI to go for steep hikes

by gestioncreditos | Jun 17, 2022 | Economy, News | 0 comments

Bankers said increments of 25 basis points each will not work now and the RBI will have to go for a higher 50 basis point move to have any effect on prices. What that means is the yield on the benchmark bond is set to increase, possibly impacting government borrowing.

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