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June 07, 2023 07:58 PM IST The RBI’s monetary policy announcement on June 8 might push back a rate cut to later this year. That’ll be good news for fixed deposit investors.
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June 07, 2023 01:40 PM IST Some economists think the MPC should now get out of withdrawal of accommodation and into neutral gear. However, that may only spark hopes of an interest rate cut — something policymakers will want to avoid.
- June 07, 2023 12:03 PM IST
If there is no change in rates, stable growth in consumption is likely to lead to higher GDP growth. As of now, prices have stabilised which will further induce the growth in domestic demand
- June 07, 2023 08:08 AM IST
The rate-setting panel’s three-day policy meeting concludes on June 8 amid expectations it will retain the benchmark policy repo rate for the second consecutive time.
- June 06, 2023 02:59 PM IST
Headed by Reserve Bank Governor Shaktikanta Das, the six-member Monetary Policy Committee (MPC) will meet for three days and the decision would be announced on Thursday, June 8.
- June 05, 2023 05:49 PM IST
Inflation expectations are keenly eyed by policymakers as anchoring them is critical to ensuring price stability
- May 31, 2023 08:18 AM IST
The continued poor performance of manufacturing on which government relies to generate jobs and absorb surplus labour from agriculture is a cause for concern on the growth front.
- May 19, 2023 07:51 PM IST
Participants in the poll also said they expect Indian economy to remain resilient in the backdrop of global geo-political headwinds
- May 12, 2023 06:20 PM IST
This is the first time since November 2021 that headline retail inflation has fallen below 5 percent
- May 11, 2023 01:56 PM IST
A favourable base effect is expected to drag down retail inflation below 5 percent for the first time since November 2021, according to a Moneycontrol survey. And for the second month in a row, a favourable base effect will likely be the strongest driver of disinflation
- May 11, 2023 10:39 AM IST
India's inflation is likely to come in below 5 percent in April. While this may allow the Reserve Bank of India to leave the repo rate unchanged again in June, falling inflation will lead to higher real interest rates. But which is the real 'real rate'?
- May 05, 2023 04:00 PM IST
Inflation expectations are keenly eyed by policymakers as anchoring them is critical to ensuring price stability
- April 24, 2023 10:33 AM IST
Goyal, one of the three external members of the RBI's Monetary Policy Committee, also says the market will keep getting surprised by interest rate decisions if it continues to ignore warnings
- April 24, 2023 10:23 AM IST
Bhide, one of the three external members on the RBI's Monetary Policy Committee, also said a rate cut or an indication of one would constitute a 'policy pivot'
- April 24, 2023 09:44 AM IST
Varma, one of the three external members on the RBI's Monetary Policy Committee, also said that the policy stance is not only unclear but "bereft of substantive content"
- April 21, 2023 01:37 PM IST
The RBI's optimism about India's growth situation has found few buyers outside the central bank. Even the three external members of the MPC are concerned about the growth-related risks
- April 20, 2023 10:04 PM IST
The central bank, which effected six back-to-back hikes in the key short-term lending rate (repo) since May 2022 to check high inflation, decided to take a pause early this month.
- April 19, 2023 04:22 PM IST
India's headline retail inflation came in at a 15-month low of 5.66 percent in March and could fall under 5 percent in April
- April 20, 2023 06:51 AM IST
The unexpectedly large rise in headline retail inflation in January drew attention to problems with computation of the CPI. But the recent issue with cereals is only one of many plaguing India's most important economic indicator
- April 18, 2023 06:59 PM IST
Rakesh Mohan, a part-time member of the Prime Minister’s Economic Advisory Council, tells Moneycontrol though there are multiple instruments to tackle inflation, every time there is a spike, the market expects monetary policy action
- April 13, 2023 06:38 AM IST
Despite retail inflation returning to the RBI's tolerance band of 2-6 percent after spending two months outside it, it has now been above the medium-term target of 4 percent for three-and-a-half years
- April 12, 2023 07:00 AM IST
Base effect apart, economists see food prices being broadly flat in March, though fuel inflation could be higher on the LPG price hike. Core inflation is again seen elevated at around 6 percent
- April 10, 2023 03:41 PM IST
In today’s edition of Moneycontrol Pro Panorama: Can Congress recover from its woes, SEBI's responsible message push for advisors, global food inflation moderates further, double whammy for Mphasis, and more
- April 07, 2023 09:04 AM IST
It seems that the MPC took a calculated gamble to give some relief to the fledgling growth in the economy. This is a deviation from its monetary policy mandate according to which inflation control is supposed to be the priority “while supporting growth”
- April 07, 2023 08:59 AM IST
Markets will always try to second-guess policymakers. So it is no surprise the Monetary Policy Committee's decision to leave the repo rate unchanged at 6.5 percent on April 6 is being seen as the end of the rate hike cycle, even though Reserve Bank of India Governor Shaktikanta Das stressed it should not be interpreted as such
