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India central bank cannot let its inflation guard down just yet, MPC minutes show

India central bank cannot let its inflation guard down just yet, MPC minutes show
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Gains in disinflation achieved over last two years have to be preserved: RBI Governor Shaktikanta Das

Das voted for keeping the policy repo rate unchanged and to continue with the focus on withdrawal of accommodation. ....

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inflation: MPC stresses need for aligning to the 4 per cent target on a durable basis

The Monetary Policy Committee (MPC) members are focusing on aligning inflation to the 4% target on a durable basis. Despite reinforcing inflation, concerns over food inflation remain, and strong growth indicators allow for pause rates for some more time. All members voted for a pause in policy rate to 6.5% and continued with the stance of "withdrawal of accommodation." ....

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India inflation: MPC Minutes: Food inflation risks elevated, conditions not in place for let-up in restrictive policy stance, says RBI Dy Guv Patra

Members of the Reserve Bank of India s Monetary Policy Committee expressed confidence in the current policy stance but remained cautious about factors like food inflation and external contingencies. They emphasized the need to maintain downward pressure on inflation until clearer risks emerge, with concerns about persistently high inflation figures despite recent dips. ....

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mpc minutes: MPC keen to keep lid on inflation, show minutes

In the last monetary policy committee (MPC) review on rates earlier this month, the panel decided to keep the policy rates unchanged, stretching the status quo on the cost of funds to at least 16 months. ....

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