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MPC hawkish, flags possible rate hike on higher inflation
MUMBAI: Minutes of the monetary policy committee meeting released by RBI on Wednesday, a fortnight after the conclusion of the meetings, showed that members were more hawkish than the Aug policy suggested, with several flagging the possibility of a rate hike or recalibration if inflation risks materialise. RBI governor Sanjay Malhotra said higher headline and core inflation could warrant a recalibration of the policy rate.
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thehindu.com
RBI’s MPC minutes indicate hardening of interest rates
RBI's MPC minutes signal potential interest rate hikes due to rising inflation, indicating no scope for further easing.
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theprint.in
RBI’s Hawkish Minutes Rattle Bond Market, Put Rate Hikes in Play
Minutes of the Reserve Bank’s August meeting released on Wednesday showed a growing inclination toward tighter policy as members become increasingly wary of inflation risks.
