SBI Research expects 50 bps repo rate hike in December

SBI Research expects 50 bps repo rate hike in December as inflation pressures broaden across sectors. The report cites persistent food and fuel inflation driving retail CPI above 6% for three consecutive months. This could force RBI to prioritize rate hikes despite slowing growth. A 50 bps increase in December would take the repo rate to 6.75%.

📊 STOCKS: | 🏢 SECTOR: Macro | #HIGHIMPACT #Inflation