RBI MPC puts Q3 rate hike in play if inflation risks show up big - The Economic Times
Indian monetary policy makers may tighten rates in the third quarter if inflation risks materialize. Higher food and fuel prices could lead to broad-based inflation, prompting action. Inflation is projected to peak at 5.9% in Q3 2026-27, signaling potential policy shifts. The central bank remains watchful of global economic turbulence and its domestic impact. Monetary response is warranted if inflation expectations become de-anchored or persistent.