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    HomeNewsOpinionRBI’s Policy Dilemma: The case for status quo 

    RBI’s Policy Dilemma: The case for status quo 

    With positive real rates and a falling inflation trajectory, it is safe to conclude that the stance of monetary policy too has more or less reached neutral territory 

    Churchil Bhatt
    February 07, 2023 / 16:50 IST
    RBI’s Policy Dilemma: The case for status quo 

    If global central banks go soft on their rate tightening, it will reduce pressure on the USD-INR exchange rate arising from interest rate differentials. This, in turn, will allow the Shaktikanta Das-led RBI to pause and assess the impact of its past policy actions (file image)

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