Page 2 - Monetary Policy Committee

Monetary policy: RBI likely to hold rates for 10th time, shows BS poll

The RBI will announce the review of the policy on October 9

RBI faces a delicate balancing act ahead of key monetary policy meet

It will be important for monetary policy not to inadvertently accentuate asset price inflation, financial exuberance and the associated financial stability risks that come with it

New external members of RBI's MPC likely to keep markets guessing

Oct meeting being held amid a flurry of activities by leading central banks

Govt picks three new external members for MPC ahead of key RBI meet

Govt appoints Ram Singh, Saugata Bhattacharya, and Nagesh Kumar as new external members of RBI's Monetary Policy Committee

Managing inflation: RBI's MPC has faced external challenges since inception

It is important to ensure that headline inflation is aligned with the target, which will further enhance the credibility of the FIT framework

Retail inflation inches up to 3.65% in August; IIP growth at 4.8% in July

The data released by NSO on Thursday showed that food inflation rose slightly to 5.66 per cent from 5.42 per cent in July

Market expects MPC to implement cumulative 50 bps rate cut by March 2025

They also foresee a continued decline in food prices, which fell to 5.1 per cent in July from 8.4 per cent in June year-on-year, further supporting expectations of a rate cut

Inflation targeting: Why modifying the approach may be counterproductive

The current inflation-targeting regime should be suitably updated, but it should remain the framework for India's monetary policy for the foreseeable future

'Would have liked to see RBI-staff MPC members also dissent sometimes'

Goyal, who voted for rate cut in both June and August review meetings, says that she does not see any broad-based rise in core inflation

India should retain headline inflation as target: RBI's external rate panel

India adopted the inflation targeting framework in 2016, setting a 4% headline inflation target for the central bank's rate setting panel

MPC internal and external members differ on growth, inflation outlook

Deputy governor Michael Patra also warned about the spillover effects of food inflation

Cannot cut rates due to one-off inflation dip, says RBI governor Das

The six-member Monetary Policy Committee of the RBI has kept the policy repo rate unchanged at 6.5% since February 2023

RBI MPC Meet: Repo rate unchanged at 6.5%, check GDP, CPI projections here

The RBI MPC has also decided to keep its stance of 'withdrawal of accommodation' unchanged with a majority of 4-2

RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das

RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here

Bond market participants see OMO sales as liquidity surplus surges

The liquidity in the banking system has improved significantly on the back of government spending

RBI monetary policy: The tide is turning

The RBI's monetary policy should be driven by domestic factors and not the Fed

RBI may hold repo rates amid high food prices: Business Standard poll

Most respondents expect rate cuts from Dec; change in stance unlikely

BS Poll: Majority sees neutral interest rate between 1% to less than 2%

A debate on real interest rate has picked up steam as the repo rate has been kept unchanged at 6.5 per cent since February 2023 despite inflation prints showing a downward trend

RBI's MPC minutes: External members make a strong case for rate cut

Internal members, however, cited food inflation risk for maintaining the status quo and said the last mile of disinflation has been slow

Rational policy pause

Food prices tend to obstruct the disinflation process