Seeking Alpha

India hikes interest rates for the 8th time in the last year, raising its benchmark 25 basis...

India hikes interest rates for the 8th time in the last year, raising its benchmark 25 basis points to 6.75%. In an ominous statement the RBI says, "The underlying inflationary pressures have accentuated, even as risks to growth are emerging." India -1.1%.
Comments (1)
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    Hiking interest rate never works there. Prices always goes up there no matter what and never comes down.
    17 Mar 2011, 08:01 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs