In a business as usual scenario, the MPC will keep the status quo — unless it chooses to challenge ‘rational expectations’

MPC should retain status quo in difficult times

MUMBAI: While the majority of forecasters and market participants expect Reserve Bank of India's Monetary Policy Committee meeting to vote for a status quo on interest rates, the…

In a business as usual scenario, the MPC will keep the status quo — unless it chooses to challenge ‘rational expectations’

Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Friday. Markets widely expect the repo rate to stay at 5.25%. This anticipated…