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RBI likely to put rate cuts on extended pause after spike in inflation

The RBI has cut rates by a total of 135 basis points in five moves in 2019 and shocked markets by holding rates steady at its December meeting.

Focus on sustainability of agriculture, not loan waivers, says RBI

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3 min read Last Updated : Jan 14 2020 | 4:51 PM IST

A spike in India's retail inflation in December has raised the chances that the Reserve Bank of India (RBI) will put rate cuts on hold for some time despite economic growth languishing at more than six-year lows.

Some economists believe the RBI's monetary policy committee (MPC) may even change its stance from 'accommodative' to 'neutral' at its February meeting.

The RBI has cut rates by a total of 135 basis points in five moves in 2019 and shocked markets by holding rates steady at its December meeting.

"With CPI inflation likely to persist above the RBI's upper band of the target range of

Topics : RBI Rate cut

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