Tag: mpc

rbi: Ground realities to guide rate action in June, inflation may have eased further in May: RBI Governor
Posted in Economy

rbi: Ground realities to guide rate action in June, inflation may have eased further in May: RBI Governor

Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said the monetary policy committee (MPC) would be guided by “what’s happening on the ground”…

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Easing policy may not be easy even at 18-month low inflation
Posted in Economy

Easing policy may not be easy even at 18-month low inflation

Retail inflation at a 18-month low may be comforting for investors, but the central bank’s MPC when it meets in June will have its plate…

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sitharaman: Government working to control inflation, says finance minister Nirmala Sitharaman
Posted in Economy

sitharaman: Government working to control inflation, says finance minister Nirmala Sitharaman

India’s inflation has been above the Reserve Bank of India‘s (RBI) tolerance band of 2-6 per cent, however, the government is taking steps to control…

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More interest rate hikes done than necessary: MPC's Jayanth Varma
Posted in Economy

More interest rate hikes done than necessary: MPC’s Jayanth Varma

The Monetary Policy Committee (MPC) may have carried out more rate increases than necessary, external member on the panel, Jayanth R Varma, tells Bhaskar Dutta….

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Further rate hike depends on inflation breaching the band: MPC member Ashima Goyal
Posted in Economy

Further rate hike depends on inflation breaching the band: MPC member Ashima Goyal

Interest rate hikes could resume if fresh price shocks were significant enough to raise expected inflation above the Monetary Policy Committee’s tolerance band of 2-6%,…

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Sporadic supply shocks may be a concern: RBI paper
Posted in Economy

Sporadic supply shocks may be a concern: RBI paper

The Reserve Bank of India’s (RBI) monthly bulletin sounded caution about sporadic and localised supply shocks that may need fine-tuning of measures within or outside…

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RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause
Posted in Economy

RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause

Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year — that’s the…

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Posted in Economy

RBI may hold rates again in June; monsoon, crude key

Members of India’s rate-setting panel believe that cumulative hike since last May appears sufficient for tackling inflation, increasing the likelihood the Monetary Policy Committee (MPC)…

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mpc: Caution behind MPC's rate pause
Posted in Economy

mpc: Caution behind MPC’s rate pause

Monetary Policy Committee both internal and external would prefer to wait and watch the impact of past rate actions on inflation and even as there…

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mpc: MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth Varma
Posted in Economy

mpc: MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth Varma

The war against inflation has not yet been won and it will be premature to declare an end to the tightening cycle, said the Reserve…

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