India joins Bank of Canada and RBA in pausing rate hikes. RBA's decision disappointed economists who expected a 25bps hike, marking its first pause since May 2022.
First it was the Bank of Canada which in January announced it would pause its rate hike campaign; then earlier this week the RBA became the second bank to join the bandwagon when it put its year-long hiking campaign on pause after leaving the cash rate unchanged at 3.6% at April's Board meeting, marking the fir...
