Mahendra Jajoo on challenging inflation trajectory, bond yields and more

"The headline number on the inflation side is expected to shoot up and at the same time on the global front also we now have a very clear messaging from the Fed that the rates are going to be higher for longer and it is in anticipation of that higher number of inflation that the market was building the possibility of a rate hike. It is in that context that RBI has guided for a possibility of a rate action if there is a generalisation of that inflation."

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