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RBI bulletin suggests change in monetary policy not far away

The Monetary Policy Committee hiked the policy repo rate by 250 basis points to 6.5 percent in 2022-23 to fight inflation. Economists are now penciling in interest rate cuts somewhere in the middle of 2024, although the central bank s hawkish focus on the 4 percent inflation target has markets concerned ....

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India rate panel's focus firm on aligning inflation to 4% target, minutes show

India s monetary policy committee will remain focused on aligning inflation to its target of 4%, and only after it achieves that on a sustained basis, will its attention shift to the objective of.
-October 20, 2023 at 08:46 am EDT
- MarketScreener ....

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