Experts see RBI may raise rates again in December
In short
The RBI changed its policy stance to calibrated tightening and recently raised its benchmark rate by 25 basis points to 5.50%. Experts now think it may lift rates again by up to 50 basis points in December.
This matters for borrowers, markets and the rupee because higher rates can make loans costlier. The report does not confirm the next move, only that more hikes are being expected.
What the reporting says
The RBI shifted its stance to calibrated tightening, and experts in the publisher summaries said another hike of up to 50 basis points could come in December. The reports also note the central bank raised its benchmark rate by 25 basis points to 5.50% and signalled more hikes could follow amid inflation, a weaker currency, rising commodity prices and global volatility. It is still unknown whether the December move will happen or by how much.
Why it matters
The RBI’s shift from neutral to calibrated tightening has led experts to expect another rate hike in the December policy meeting, with some projecting up to 50 basis points. The summary also notes the earlier 25-basis-point increase to 5.50% and says inflation, a weakening currency, commodity prices and global volatility are shaping the outlook. The next policy date is December 4, but the actual decision is not yet known.