Rupee Pressure and Sticky Inflation Narrow RBI's Policy Room, Says Ionic Asset's Ankita Pathak
India’s monetary policy outlook is becoming more complicated as the rupee stays under pressure, inflation broadens and the U.S. Federal Reserve moves deeper into a tightening cycle. Ankita Pathak of Ionic Asset says the Reserve Bank of India may have less flexibility to ease rates if elevated U.S. yields and a stronger dollar continue to weigh on capital flows and domestic financial conditions.
