皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

U8hash官网(www.eth108.vip):Rates to return to pre-pandemic levels

admin2022-10-289

U8hash官网www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,U8 hash单双哈希、幸运哈希、平倍牛牛等游戏数据开源、公平、无任何作弊可能性。

Inflation fight: A customer inside a supermarket in New Delhi. Inflation may have peaked in India, according to a fund manager. — Bloomberg

MUMBAI: India’s central-bank watchers agree that interest rates will be raised to pre-pandemic levels today, yet they are split on the size of the increase aimed at fighting inflation and propping up a weak currency.

Fifteen of 35 economists surveyed by Bloomberg as of yesterday morning saw the Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) lifting the repurchase rate by half-point to 5.4%, a level last seen in August 2019.

Fourteen of them predict a 35-basis point hike, five a quarter-point action and one for a 40 basis-point increase – with any of these moves seen enough to return borrowing cost to late 2019 levels.

With Federal Reserve officials signalling a pause is out of the question until they see evidence of inflation easing, RBI watchers will be closely monitoring governor Shaktikanta Das’s remarks for any guidance on the pace and length of the monetary tightening cycle as he seeks to ensure a “soft landing” for the economy.

The central bank has increased the key rate by 90 basis points since May, including a half-point hike in June.

While inflation has stayed above the RBI’s target ceiling of 6% since the beginning of the year, falling commodity prices may provide some scope for the central bank to suggest that pressures are easing.

“We expect the RBI’s commentary to soften a bit with an acknowledgment that inflation risks are receding,” said Pankaj Pathak, a fixed-income fund manager at Quantum Asset Management Co.

Inflation may have peaked in India, said Radhika Rao, a senior economist at DBS Bank Ltd.

,

Telegram获取群成员www.tel8.vip)是一个Telegram群组分享平台。Telegram获取群成员包括Telegram获取群成员、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram获取群成员为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

“Stable-to-weaker commodity prices, besides a hawkish central bank, are also likely to have a salutary impact on inflationary expectations,” she said.

Still, Rao expects RBI’s inflation and growth projections to stay unchanged at 6.7% and 7.2% respectively for the current fiscal year.

Lack of rainfall in parts of India’s rice producing regions may cut production of the grain and complicate the RBI’s inflation battle.

Even if the central bank goes soft on rate hikes, economists see the peak policy rate, or what’s usually referred to as the terminal rate, to be reached earlier than expected in the cycle.

“The RBI is expected to continue with ‘front-loading’ of its rate hikes at the upcoming policy,” said HDFC Bank Ltd economist Abheek Barua.

Barclays Plc now sees the policy rate rising to 5.5% by September from a prior forecast of mid-2023.

That will signal that rates have reached neutral territory, its India-based economist Rahul Bajoria said, referring to a level where rates can help check inflation without stifling economic growth.

He kept his projection for the terminal rate at 5.75%.

网友评论

1条评论
  • 2022-10-28 00:21:28

    This will lead to a reduction in fuel consumption per megawatt-hour, and finally lessen emission intensity, especially at the coal plants.我看很好

热门标签