Monetary Policy Panel

The Reserve Bank of India (RBI) on Monday announced the launch of 'Inflation Expectations Survey of Households' and 'Consumer Confidence Survey' which will provide key inputs for the bi-monthly monetary policy. The next bi-monthly monetary policy is scheduled during June 5-7, 2024. The 'Inflation Expectations Survey of Households' aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, including Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram, the RBI said in a release. The survey on inflation seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one-year ahead period. It also seeks quantitative responses on current, three months ahead and one-year ahead inflation rates. The 'Consumer Confidence Survey' seeks qualitative responses from households, regarding their ..

MPC holds repo rate at 6.5% but maintains tight stance as inflation remains a concern

RBI MPC meeting: The meeting of the six-member committee started on December 6 in Mumbai and will end with the announcement of Governor Shaktikanta Das on December 8

The RBI is expected to retain the benchmark rate of 6.5 per cent in its latest bi-monthly monetary policy review, amid inflation concerns and other global factors, experts said. RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting on Wednesday, and the policy review will be announced on Friday morning. I think that between the last MPC meeting in August and this time, inflation has gone up, growth remains strong while global factors have turned a little adverse in the sense that the US Federal Reserve is still aggressive in its stance, which has led to hardening of yields. In this situation, the central bank is expected to maintain a status quo on policy rates in the ensuing policy, Crisil Chief Economist D Joshi told PTI. He said the RBI would focus more on inflation given that growth is strong right now, adding oil price movements need to be watched carefully, too. "We believe that the interest rates will be on the higher side, which .

Das says RBI remains committed to aligning inflation with 4% target

When expected inflation drops, the policy rate should drop even more

Monetary easing has been ineffective in lowering the cost of funds. The challenge is for the central and state governments to work together to revive the animal spirits of entrepreneurs

A rate cut is ruled out, owing to the excess liquidity sloshing around in the system

Committee expects strong improvement in sowing, along with supply management measures, will improve food inflation outlook