GK and monthly revision

RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27

Economists have revised their expectations regarding the Reserve Bank of India's (RBI) interest rate hike, now predicting that any potential tightening may be deferred to the second half of FY27. This shift is attributed to easing inflation risks, bolstered by anticipated foreign currency inflows and a recent decline in crude oil prices due to geopolitical factors. Such insights are crucial for understanding monetary policy and its implications on the economy.