Page 5 - Monetary Policy Committee

Will RBI announce a rate cut? MPC meet date, time, and what to expect

The RBI is expected to revise its growth forecast for the financial year 2024-25 following low Q2 GDP figures

Economic think-tank NIPFP cuts India's FY25 GDP growth forecast to 6.9-7.1%

Cuts it to 6.9-7.1% from 7.1-7.4% estimated earlier in its April study

MPC members comfortable on inflation; external ones cite slack demand

All members unanimously agreed to change the policy stance to neutral from withdrawal of accommodation

Growth needs to be supported by cheaper credit: MPC external member Nagesh

Food inflation driven by supply side rather demand which is addressed by monetary policy

250-bp rate hike lowered demand, inflation by 160 bps: RBI Bulletin

Since 2022, central banks across the world started raising policy rate aggressively in a synchronized fashion to counter an inflation surge

Unambiguous commitment: MPC wants the disinflation process to be completed

Monetary policy committee's shift offers flexibility but no signal of rate cuts; RBI Governor highlights inflation and stability as key priorities

RBI MPC highlights: Inflation expected to remain elevated during September, October, says Das

RBI Monetary Policy Meeting October 2024 highlights: Catch all the latest news updates on RBI's monetary policy announcements here

RBI's Monetary Policy Committee meet: Date, time, members, and agenda

RBI began its fourth Monetary Policy Committee meeting for the ongoing financial year on Monday. Key announcement from the meet will be announced on Oct 9

RBI monetary policy: Status quo on rates; stance may remain unchanged

Growth-inflation dynamics are shifting slowly, but the RBI may not be in a hurry to act amid too many uncertainties

Monetary policy: RBI likely to hold rates for 10th time, shows BS poll

The RBI will announce the review of the policy on October 9

RBI faces a delicate balancing act ahead of key monetary policy meet

It will be important for monetary policy not to inadvertently accentuate asset price inflation, financial exuberance and the associated financial stability risks that come with it

New external members of RBI's MPC likely to keep markets guessing

Oct meeting being held amid a flurry of activities by leading central banks

Govt picks three new external members for MPC ahead of key RBI meet

Govt appoints Ram Singh, Saugata Bhattacharya, and Nagesh Kumar as new external members of RBI's Monetary Policy Committee

Managing inflation: RBI's MPC has faced external challenges since inception

It is important to ensure that headline inflation is aligned with the target, which will further enhance the credibility of the FIT framework

Retail inflation inches up to 3.65% in August; IIP growth at 4.8% in July

The data released by NSO on Thursday showed that food inflation rose slightly to 5.66 per cent from 5.42 per cent in July

Market expects MPC to implement cumulative 50 bps rate cut by March 2025

They also foresee a continued decline in food prices, which fell to 5.1 per cent in July from 8.4 per cent in June year-on-year, further supporting expectations of a rate cut

Inflation targeting: Why modifying the approach may be counterproductive

The current inflation-targeting regime should be suitably updated, but it should remain the framework for India's monetary policy for the foreseeable future

'Would have liked to see RBI-staff MPC members also dissent sometimes'

Goyal, who voted for rate cut in both June and August review meetings, says that she does not see any broad-based rise in core inflation

India should retain headline inflation as target: RBI's external rate panel

India adopted the inflation targeting framework in 2016, setting a 4% headline inflation target for the central bank's rate setting panel

MPC internal and external members differ on growth, inflation outlook

Deputy governor Michael Patra also warned about the spillover effects of food inflation