News > 50 bps rate hike has become 'new normal' for central banks

50 bps rate hike has become 'new normal' for central banks

Indian Express | 05/08/2022 01:08 PM | Click to read full article

A 50 bps rate hike has become the new normal among global central banks, said Governor Das in the post-policy press conference.

The most likely scenario is banks will pass on the impact of the repo rate hike to deposit rates. This is already happening and the trend will continue, he added.