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Business Standard

Economists see 35 bps rate hike, then a pause: BS monetary policy poll

Some expect a slight reduction in GDP growth forecast

Topics
Reserve Bank of India | RBI | MPC

Bhaskar Dutta  |  Mumbai 

RBI, reserve bank of india
The RBI’s CPI-based inflation target is 4 per cent; the tolerance band for the price gauge is 4-6 per cent

The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) is likely to announce a 35-basis point (bp) hike in the repo rate on December 7, in a bid to bring headline retail inflation back to its 4 per cent target, a Business Standard poll showed.

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First Published: Mon, November 28 2022. 06:15 IST

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