That the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would not change interest rates or its monetary policy stance this week was widely expected. Its decision on August 10 is in keeping with these expectations. There is also a broad-based consensus that inflation numbers are likely to see a spike in […]
Tag Archives: Monetary Policy Committee
RBI’s willingness to do all it takes to bring inflation below 4% is an important takeaway
The Monetary Policy Committee (MPC) of the Reserve Bank of India begins its bimonthly meeting today, Tuesday, June 6. As far as MPC’s most important decision is concerned, there is a complete unanimity — the interest rate will remain unchanged. Most economists also believe that MPC will start cutting the policy rate sometime in the […]
Is it a pause? Or is it the end? That was the top-of-the-mind question for most bank and economy analysts after the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) surprisingly held off on another increase in the policy rate. The consensus view among analysts is that this could well mark the end of […]