Inflation Target

The government of India decides the inflation target for the rate-setting panel for a period of five years.

Unpublished ECB inflation estimate raises prospect of earlier rate rise

The internal forecast is likely to intensify debate about how quickly major central banks will reverse the massive stimulus to counter the pandemic

'If it ain't broke, don't fix it': RBI working paper says 4% inflation target is good for India

Recently there were speculations that the government could ask the MPC to loosen the inflation target to facilitate a growth supportive policy.

High retail inflation: RBI must not increase target band and add fuel to fire

Policy flip-flops should be avoided. The new framework should be given time.

Opinion | Can the US Federal Reserve increase its inflation target?

Changing the target or building higher tolerance for inflation in the policy framework would not be easy and will have implications for financial markets

Monetary Policy: RBI may cut rates by 25 bps; CPI target keenly watched

All eyes will be on the Governor Urjit Patel's commentary on the inflation target and how he approaches the ultimate cpi goal of 4 percent.

RBI, govt will work to contain inflation at 4%: Modi

Dispelling fears that GST will fuel inflation, Prime Minister Narendra Modi today said the government and the Reserve Bank have agreed to maintain an inflation target of 4 percent.

Govt to soon notify inflation target under framework agreement

The government is likely to notify this week inflation target for next five years under the monetary policy framework agreement, a top official said today.

'India to unveil new monetary policy framework by end-Jan'

The official, who did not wish to be named, said the government will set the new inflation target which will be implemented by a monetary policy panel.

Inflation target becomes govt's job after FM, RBI meet

The Reserve Bank of India (RBI) has agreed to the proposal that the right to decide on an inflation target for the economy will become the government‘s mandate and that the central bank would focus on achieving it, Finance Minister P Chidambaram said while addressing a joint press conference with governor Raghuram Rajan.

World shares hit 20-mth high as Japan vows easing

World shares hit a new 20-month high on Tuesday after Japan's central bank promised to pump unlimited stimulus into the country's economy to fight the threat of deflation and generate growth.

Goldman Sachs for formal inflation target by govt

A Goldman Sachs report today suggested setting a formal 'inflation target' by government for anchoring inflation expectation.