The 50 bps policy rate hike by the Reserve Bank of India (RBI) on 26 July was a surprise for the markets. But what is more unexpected is the sudden emergence of RBI Governor Duvvuri Subbarao as an inflation hawk. His new anti-inflation stance is introducing strong measures to tackle the structural drivers of inflation that we have consistently stressed in our research, most recently this week in Rural wage increases will sustain structural inflation. But this bold face of the RBI also...
Sorry, you do not have access to this page because you are not logged in.
If you are not a subscriber or a trialist and you want to discuss how to access our work please:
Trusted Sources helps clients identify investment opportunities in emerging markets, exploit them with greater confidence and stay alert to associated risks.
Learn more about our approach, our team and our research, as well as our media appearances.
