Can RBI go the Fed-way next week? A guide on investing in a high-interest rate regime
US Fed raised rates to a 22-year-high, prompting speculation on whether the Reserve Bank of India (RBI) will follow suit. Experts believe the RBI may maintain the status quo and keep the benchmark repo rate unchanged in its upcoming policy review.
After taking a pause in June, the US Fed increased the benchmark rates to a 22-year-high in the range of 5.25 per cent to 5.50 per cent in July and signalled more hikes were possible if inflation does not come down to its target level of 2 per cent.
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