What does MPC's 5:1 vote for repo status quo indicate about rate cut?
Thu, Feb 8, 2024 2:51 PM

What does MPC's 5:1 vote for repo status quo indicate about rate cut?

A Flip by Shubhangi Gupta
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Overall, the RBI Monetary Policy has maintained a status quo on rates and stance, with some expectations of a change in policy stance to comfort the market. The MPC is confident in the inflation trajectory and sees the desired impact of monetary policy on the economy. While headline CPI inflation is still high due to food inflation, it is expected to moderate in the coming quarters.

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