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RBI MPC meeting: Will Sitharaman s fiscally prudent Budget prompt RBI s MPC to make moves, re-adjust stance?

RBI MPC Meeting: The Reserve Bank of India s rate-setting panel, known as the Monetary Policy Committee (MPC), is expected to keep the repo rate unchanged at 6.5 percent. Economists predict that there may be a change in stance from withdrawal of accommodation to neutral . According to an ET Poll of 12 economists, significant rate adjustments are not expected. However, some economists suggest that a fiscally prudent budget and global monetary easing could influence the central bank to adjust its stance on liquidity.

RBI Governor-Led Committee Commences Three-Day Policy Review Amidst Anticipations Of Steady Interest Rates; Decision On February 8

RBI Governor-Led Committee Commences Three-Day Policy Review Amidst Anticipations Of Steady Interest Rates; Decision On February 8
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RBI MPC meeting: RBI s rate setting panel starts deliberations; decision on Feb 8

The RBI Governor-led MPC is currently holding three-day deliberations to decide on short-term lending rates. The retail inflation remains near the higher end of the central bank s comfort zone, leading to expectations of a continued status quo on interest rates. The RBI has kept the repo rate stable at 6.5% for almost a year, with the last rate hike occurring in February 2023. While the retail inflation has declined from its peak, it is still high at 5.69% in December 2023. Governor Das will announce the MPC s decision on Thursday.

RBI s rate-setting panel starts deliberations; decision Feb 8

RBI s rate-setting panel starts deliberations; decision Feb 8
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