give ourselves some time to monitor the impact of our past actions. I am, therefore, of the view that we do a tactical pause in this meeting of the MPC,” Das said and voted for a pause in rate action.
Foreign banks anticipate a 25-basis-point rate cut by the Reserve Bank of India (RBI) in the February MPC meeting. November CPI inflation fell within the tolerance band and is expected to ease further, nearing the 4 per cent target by March 2025. Official d...
Also read:RBI MPC Meeting 2024 Live Updates: RBI repo rate unchanged at 6.5%, maintains ‘Neutral’ stance, reduces CRR to 4% “Investment activity is expected to pick up. Resilient world trade prospects should provide support to external demand and...
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A majority of the analysts and bankers were expecting the six-member Monetary Policy Committee (MPC) to raise interest rate by at least 0.25 percent, while the developments over the last few days, especially the weakness in the rupee, had led to speculations that it could be even as h...
I want to use the platform of this meeting that you have so kindly provided to express my views regarding the economy and the monetary policy.First of all, I can confidently state that the Indian economy has been saved by the amazing RBI governor-duo of Shri YV Reddy and Shri D Subba ...
"The MPC unanimously decided to keep rates unchanged in this meeting with readiness to act if the situation so warrants," Das said announcing the decisions of MPC. "The MPC will not hesitate to take further action as may be required in its future meetings." RBI has raised interest rate by...
The country’s MPC took a unanimous decision to leave the repo rate untouched. At the same time Governor Das said, “the committee remains resolutely focused on aligning inflation to the 4 per cent target on a durable basis”. The RBI also maintained its policy stance of “withdrawal of acc...
RBI’s MPC cut the repo rate by 25 bps to 6.25% in the February meeting on Friday. Rising RBI rate cut bets, weakness of Asian peers and uncertainties could undermine the INR. The US labour market data for January will be closely watched later on Friday. The Indian Rupee (INR)...
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