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Monetary policy preview: Front-loading rate hikes for macro stability

The current account deficit remains uncomfortably high as India's growth momentum outpaces the rest of the world.

Topics
monetary policy review | RBI | Interest rate hike

Samiran Chakraborty 



Samiran Chakraborty

In the run-up to the Mone­tary Policy Committee (MPC) meeting, global commodity prices have retraced to almost the pre-Ukraine conflict levels and the (CPI) trajectory in India has broadly followed the expected path. While this will provide a sense of comfort to the MPC, there are again some brewing supply-side shocks on food prices that can pose upside risks to near-term inflation prints.

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First Published: Tue, September 27 2022. 23:54 IST

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