INDIA MARKET LENS
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At Least One More Fed Hike Likely; RBI Also Set To Raise Rates, Says Nomura — Here's Why

RBI moved higher.

· NDTV Profit

Subbaraman also expects the RBI to raise interest rates going forward, with Nomura forecasting hikes in both October and December.

  • With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.