Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll
BENGALURU, March 27 (Reuters) – The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, a Reuters poll of economists showed, as benign price pressures give it space to assess the impact from the Middle East conflict. Inflation has stayed below the RBI’s medium-term target of 4% for a year and economic growth remains strong but the U.S.-Israel war with Iran has blocked a key transport corridor and threatens price stability for the world’s third-largest oil importer. Still, all but two of 71 economists in the March 23-26