Traders in India Dial Back October Rate-Hike Bets After Dovish RBI Speak
Indian traders have reduced their expectations for an interest rate hike by the Reserve Bank of India (RBI) following dovish commentary from the central bank. The market is now pricing in December as the earliest possible date for a rate increase, pushing back previous bets for an October hike.
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Traders in India Dial Back October Rate-Hike Bets After Dovish RBI Speak
Indian traders have reduced their expectations for an interest rate hike by the Reserve Bank of India (RBI) following dovish commentary from the central bank. The market is now pricing in December as the earliest possible date for a rate increase, pushing back previous bets for an October hike.
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