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geopolitical··severity 6

RBI присоединяется к инициативе по повышению ставок в Азии на фоне роста инфляционных рисков

Резервный банк Индии, скорее всего, ужесточит денежно-кредитную политику в ближайшие месяцы, приведя ее в соответствие с другими региональными банками, которые стали более агрессивными в ответ на инфляционное давление, вызванное ближневосточным конфликтом, говорят экономисты.

Сценарии цепочки

A

Escalation

50%

## Scenario Analysis **Scenario A (Escalation): 50%** * **Chain:** RBI's hawkish stance will likely trigger similar actions from other central banks in Asia, leading to increased regional interest rate hikes and a strengthening USD. This could result in heightened volatility in global financial markets. * **Confirmation Indicators:** The Reserve Bank of India announces a significant interest rate hike exceeding market expectations. This is followed by announcements of similar increases by the People's Bank of China and the Bank of Japan within the next two weeks. * **Time Horizon:** 1-2 months **Scenario B (Status Quo): 38%** * **Chain:** The RBI will maintain a cautious approach to monetary policy, focusing on managing inflation without significantly impacting economic growth. This could result in slower rate hikes compared to other Asian economies and continued stability in fina

Индикаторы подтверждения: ** The Reserve Bank of India announces a significant interest rate hike exceeding market expectations. This is followed by announcements of similar increases by the People's Bank of China and the Bank of Japan within the next two weeks., * **Time Horizon:** 1, 2 months
B

Status Quo

38%

## Scenario Analysis **Scenario A (Escalation): 50%** * **Chain:** RBI's hawkish stance will likely trigger similar actions from other central banks in Asia, leading to increased regional interest rate hikes and a strengthening USD. This could result in heightened volatility in global financial markets. * **Confirmation Indicators:** The Reserve Bank of India announces a significant interest rate hike exceeding market expectations. This is followed by announcements of similar increases by the People's Bank of China and the Bank of Japan within the next two weeks. * **Time Horizon:** 1-2 months **Scenario B (Status Quo): 38%** * **Chain:** The RBI will maintain a cautious approach to monetary policy, focusing on managing inflation without significantly impacting economic growth. This could result in slower rate hikes compared to other Asian economies and continued stability in fina

Индикаторы подтверждения: ** The Reserve Bank of India announces a significant interest rate hike exceeding market expectations. This is followed by announcements of similar increases by the People's Bank of China and the Bank of Japan within the next two weeks., * **Time Horizon:** 1, 2 months
C

De-escalation

13%

## Scenario Analysis **Scenario A (Escalation): 50%** * **Chain:** RBI's hawkish stance will likely trigger similar actions from other central banks in Asia, leading to increased regional interest rate hikes and a strengthening USD. This could result in heightened volatility in global financial markets. * **Confirmation Indicators:** The Reserve Bank of India announces a significant interest rate hike exceeding market expectations. This is followed by announcements of similar increases by the People's Bank of China and the Bank of Japan within the next two weeks. * **Time Horizon:** 1-2 months **Scenario B (Status Quo): 38%** * **Chain:** The RBI will maintain a cautious approach to monetary policy, focusing on managing inflation without significantly impacting economic growth. This could result in slower rate hikes compared to other Asian economies and continued stability in fina

Индикаторы подтверждения: ** The Reserve Bank of India announces a significant interest rate hike exceeding market expectations. This is followed by announcements of similar increases by the People's Bank of China and the Bank of Japan within the next two weeks., * **Time Horizon:** 1, 2 months

Первичный источник: Bloomberg Markets

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