At 34.8 per cent in December, rising inflation is one major reason investors expect the Monetary Policy Committee (MPC) to raise interest rates at its 299th meeting slated for February 19th and 20th.
In December monetary policy, the RBI kept its key interest rate unchanged for the fifth consecutive meeting, citing a potential resurgence in inflation and signalling that price stability remained its ...
The Monetary Policy Committee avoided the use of “accommodative stance” in its policy document on June 8 and instead emphasised the “withdrawal of accommodation” to tame inflation. The change in ...