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How Will Higher Interest Rates Impacts You? Are Rate Hikes Helping Curb Inflation? | Urban Debate
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August 4, 2022
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54:26Now PlayingIn this episode of the Urban Debate, Avni Raja will be discussing the probability of Another Rate Hike by RBI. Amid the increasing global pressure and inflation RBI is set to revise Repo rate soon. How will repo rate hike impact inflation? Is it useful to curb inflation? "If supply side disruption caused inflation is not tamed in its initial days then it can become a more generalised inflation", says Sunil Sinha, Principal Economist, India Ratings and Research. "A lot of money was pumped into global economy to fight the Covid pandemic but that money is still sloshing around", says Madhvan Narayanan, Senior Journalist & Economist. "The food inflation has come down to 7.75% from 7.9%, which is a good news. We may be looking at things improving in the near future", says Dr Dharendra Tayal, BJP leader. Watch out for a full discussion.
#RepoRate #RBI #Inflation
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