Skip to main content

Ambitious inflation targets suggest more tightening to come

By taking tougher than expected action, today’s rate hikes provide welcome reassurance that the Reserve Bank of India (RBI) is serious about tackling rising prices and will help keep inflation expectations well-anchored. The RBI lifted the repo rate by 50bp to 9.0%, and the cash reserve ratio by 25bp to 9.0%.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access