Macro Finance
India’s ‘Sugar High’ Warrants Caution on RBI Hikes, Aziz Says
Bloomberg Markets·September 18, 2026·1 min read
JPMorgan's Jahangir Aziz warned that India's economy may be enjoying a 'sugar high' from earlier stimulus that will fade, and markets may be pricing in too many interest-rate hikes. He cautioned against expecting sustained growth momentum, suggesting the central bank should be careful with further tightening.
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