India’s ‘sugar high’ warrants caution on RBI hikes, JPMorgan Chase & Co.’s Jahangir Aziz says

JPMorgan's Jahangir Aziz suggests India's economy is experiencing a temporary "sugar high" from past stimulus. He believes markets are anticipating too many interest rate increases this year. The Reserve Bank is expected to implement an initial quarter-point rate hike soon. However, future rate decisions remain uncertain for policymakers. Higher interest rates could negatively impact both investment and consumption levels.