First US, Then Japan: Costlier Bank Loans Loom for India as RBI Weighs Repo Rate Hike:
Global monetary policy has entered an aggressive tightening phase as premier central banks move decisively to curb stubborn inflationary pressures and shifting liquidity dynamics. Following the US Federal Reserve’s decision to lift borrowing benchmarks for the first time in three years by 25 basis points—pushing the federal funds rate into a 3.75% to 4.00% corridor—the … Read more