HomeNewsBusinessMarketsICICI Sec foresees a 100 bps rate hike by RBI in CY11
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ICICI Sec foresees a 100 bps rate hike by RBI in CY11

Robert Prior Wandesforde of Credit Suisse, in an interview to CNBC-TV18, says with inflation numbers extremely high it is likely the central bank will hike rates. “The RBI may raise rates by 50 bps.”

January 10, 2011 / 15:21 IST
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The one big fear that is sitting on the markets head is rising inflation numbers. With the January RBI policy review coming up, concerns are arising over how the central bank will react to rising inflationary pressures.

Robert Prior Wandesforde of Credit Suisse, in an interview to CNBC-TV18, says with inflation numbers extremely high it is likely the central bank will hike rates.
TAGS: #A Prasanna #central bank #commodity prices #Credit Suisse #Current account deficit #FII View #ICICI Securities #Inflation numbers #interest rates #Latha Venkatesh #RBI #RBI policy review #Robert Prior-Wandesforde #Rupee #Sonia Shenoy
first published: Jan 10, 2011 02:28 pm

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