S7/10Economic

India’s RBI Governor Says Premature to Discuss Rate Hike

India’s central bank Governor Sanjay Malhotra said it’s still “premature” to talk about an interest rate hike given ongoing geopolitical uncertainties, noting future decisions will be guided by incoming data.

24 Jun 2026, 04:13 UTCSource: Bloomberg MarketsOriginal source

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⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
A
Эскалация52% model probability

Forecast derived from cascade analysis. Watch confirmation indicators below.

Confirmation indicators

  • Increased geopolitical tensions: Reports of heightened diplomatic tension between India and major global powers (e.g., US, China). Sharp rise in inflation: CPI data exceeding the RBI's target range for consecutive months. Stronger USD/INR exchange rate: Significant depreciation of INR against USD, signaling economic in
Horizon: 7–30 days