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Macro backdrop calls for status quo on rates

The MPC in all likelihood would keep the repo rate unchanged at 4 per cent, extending the pause from its August and October meetings and reiterating the accommodative stance

Topics
Macroeconomics | monetary policy committee | India GDP growth

Gaurav Kapur 



reserve bank of india, rbi
The MPC in all likelihood would keep the repo rate unchanged at 4 per cent, extending the pause from its August and October meetings

The macroeconomic backdrop for the December (MPC) meeting is one of recovery gaining traction from a recession, on one hand, and holding well above the upper-end of the target band of 6 per cent for five consecutive months, on the other.

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First Published: Wed, December 02 2020. 06:05 IST

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