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RBI MPC Meet 2024 LIVE: RBI likely to keep repo rate unchanged at 6.5%, to make minor changes in inflation forecast due to easing fuel and cooking gas prices, say economists

RBI MPC Meet 2024 Live Updates: Inflation is likely to increase moderately to 5.2 percent year-on-year (YoY) in March when compared to 5.1 percent in February, wrote the analysts. They forecast 5.2 percent headline inflation for Q1CY24, driven by food inflation. The analysts expect the central bank to take comfort from declining core inflation but remain cautious given upside risks to food inflation from weather shocks, and repricing of the Fed funds rate easing path. ....

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LIVE: RBI MPC Meeting - 35 bps repo rate hike in MPC monetary policy review outcome? Expectations - Latest news

LIVE: RBI MPC Meeting August 2022: The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the interest rate to check high retail inflation. It might be the third consecutive hike in the repo rate or short-term lending rate in the last three months. The central bank has already announced to gradually withdraw its accommodative monetary policy stance. Get more India News and Business News on Zee Business. ....

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