India Central Bank Faces Rising Inflation and Weaker Growth

With softening economic indicators and rising inflation, Reserve Bank of India (RBI) Governor Raghuram Rajan will be faced with a tough decision at the central bank’s policy meeting on Wednesday.
According to economists, Rajan will prioritize tackling inflation by lifting the benchmark policy rate by 25 basis points to 8 percent – the third rate hike in as many meetings, reversing all of the rate reductions earlier in 2013.

via CNBCs

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza