New Delhi, March 13 -- The Reserve Bank of India (RBI) is unlikely to immediately raise interest rates despite inflationary pressures from rising crude oil prices, as the current situation reflects a supply-side shock rather than demand-driven inflation, according to Trinh Nguyen, Senior economist, Emerging Asia at Natixis.
In an exclusive conversation with ANI while discussing the ongoing energy crisis triggered by the conflict in West Asia, Nguyen said central banks are unlikely to react with immediate rate hikes as the situation is still evolving.
"I don't think any central bank is going to hike rates right now, just because we have a situation where we have a supply shock. It's so early, and we don't know how long the duration of th...
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