Hasitha Premaratne
Hasitha Premaratne
bank central controls domestic effects fuel hikes hold increase likely month previous prices rate
An increase in domestic fuel prices will be inflationary and controls will have to come through rates. But the central bank will likely hold back this month to let the effects of its previous rate hikes materialize.
election fuel further given hikes interest negative political rate rise sharp
Given the election situation, I don't see a sharp rise in fuel prices, but further interest rate hikes won't be a negative political factor.