Search For "inflation target"
RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
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March 2024 retail inflation hits 10-month low at 4.85 per cent; Experts ca
Updated : 1 year, 11 months ago IST
Sinha and Jasrai stated, "March 2024 retail inflation at 4.85 per cent was 10 months low and was on expected lines. Retail inflation now for 54 consecutive months and 18 quarters is higher than the RBI inflation target of 4.0 per cent. While the headline inflation is trending downwards, the
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Retail inflation expected to come down to 5 pc by March: SBI report
Updated : 2 years, 2 months ago IST
Once the CPI comes under control for fruits, vegetables, spices, and cereals, headline inflation is expected to drastically reduce to come near the mid-point of the RBI inflation target of 4 per cent, said SBI Research in a report.
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Retail inflation remains above RBI's target; here's what experts have to s
Updated : 3 years ago IST
Retail inflation in India fell marginally but remained above RBI's 6 per cent upper tolerance band for the second straight month in February, with the Consumer Price Index pegged at 6.44 per cent, government data showed.
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Inflation moderating but more evidence needed about its trajectory: US Fed
Updated : 3 years, 1 month ago IST
Consumer inflation in the US moderated to 6.4 per cent in January from 6.5 per cent in December, and 7.1 per cent the previous month but still is way above the 2 per cent target.
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India's retail inflation again beyond comfort zone; here's what analysts h
Updated : 3 years, 1 month ago IST
India's retail inflation was above RBI's six per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022.
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India's retail inflation again breaches RBI's comfort zone
Updated : 3 years, 1 month ago IST
India's retail inflation was above RBI's six per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022.
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Bank of England raises bank rate by 50 basis points to 3.5 pc
Updated : 3 years, 3 months ago IST
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.
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RBI holds meeting to discuss, draft report on inflation mandate failure
Updated : 3 years, 4 months ago IST
The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.
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RBI calls for additional monetary policy meet to discuss inflation mandate
Updated : 3 years, 4 months ago IST
The meeting has been called under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934, RBI said in a statement on Thursday.
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Fight against inflation will be dogged and prolonged: RBI
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
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What is Monetary Policy Committee, and what is its function?
Updated : 3 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The MPC, or the Monetary Policy Committee under the Reserve Bank of India is a six-member body that is mandated to determine the policy interest rates required to achieve the inflation target, while keeping in mind the objective of economic growth.
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