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RBI MPC minutes: 'Energy prices unlikely to return to pre-conflict levels,' says economist Saugata Bhattacharya
The Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhattacharya highlighted escalating inflationary risks from supply shocks, weather patterns, and energy prices. He also noted rising inflation expectations and potential global spillovers. Despite these concerns, he advocated for the status quo, citing tight domestic financial conditions and the need for a risk management approach amid prevailing uncertainties.
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economictimes.indiatimes.com
RBI MPC minutes: 'Energy prices unlikely to return to pre-conflict levels,' says economist Saugata Bhattacharya
The Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhattacharya highlighted escalating…
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thehindubusinessline.com
Inflation risks, slowing growth: MPC members prefer ‘wait and watch’ approach over immediate policy action
RBI's MPC adopts a cautious "wait and watch" stance amid rising inflation risks, slowing growth, and external shocks from West Asia.
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RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertainty
The Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to significant geopolitical and…