Central Banks
Indian Central Bank Seen Delivering Final Rate Increase of Cycle
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India’s central bank is poised to deliver its final interest-rate increase in the current tightening cycle, amid signs of cooling inflation and weakening growth.
Thirty-four of 40 economists in a Bloomberg survey expect the Reserve Bank of India’s six-member Monetary Policy Committee to move by a quarter-point Wednesday, with the rest seeing a pause after 225 basis points of increases to the main repurchase rate since last May.