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Policy normalisation is back with RBI making surprise rate hike

Posted bypremiumdevshineMay 5, 2022Posted inAll, Editorials

UPSC Practice recommends Policy normalisation is back with RBI making surprise rate hike.

The rate hike was expected in June, but clearly the central bank sees inflation path as being quite ominous to trigger such an action.

Courtesy: Opinion

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Posted bypremiumdevshineMay 5, 2022Posted inAll, Editorials

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