Search For "monetary policy"
India handled inflation much better than US, Germany and France: SBI Repor
Updated : 1 year, 6 months ago IST
India has demonstrated a largely successful inflation-targeting regime compared to advanced economies such as the USA, Germany, and France, according to a research report by the State Bank of India (SBI).
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RBI to focus on disinflation, food inflation sticky to core, says RBI's MP
Updated : 1 year, 6 months ago IST
Das said, "Inflation is gradually trending down, but the pace is slow and uneven. The durable alignment of inflation to the target of 4.0 per cent is still some distance away. Persistent food inflation is imparting stickiness to headline inflation. Inflation expectations need to be kept a
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Fed minutes indicate rate cut likely in September
Updated : 1 year, 6 months ago IST
The majority of the Fed members in the latest monetary policy meeting indicated of a policy rate cut in the September meeting, mentioned the Fed minutes released on Wednesday.
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CPI inflation down, but road ahead could be bumpy: SBI Report
Updated : 1 year, 7 months ago IST
The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
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India's retail inflation softens and align with RBI's 4% target
Updated : 1 year, 7 months ago IST
According to data released by the Ministry of Statistics and Programme Implementation on Monday, retail inflation or Consumer Price Index in July was at 3.54 per cent.
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RBI expected to begin rate cuts in October, with two reductions this fisca
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
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High food prices raise concerns but improved monsoon offers hope for RBI:
Updated : 1 year, 7 months ago IST
The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.
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A rate cut is unlikely before December, it may even be pushed back furthe
Updated : 1 year, 7 months ago IST
BOB also cautioned that the rate cut could be further delayed if inflationary pressures persist. With the Monetary Policy Committee (MPC) voting 4-2 in favour of maintaining the current policy stance, the decision underscores a growing divide among its members regarding the direction of mone
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Premature to talk about US recession based on one-month data: RBI Governor
Updated : 1 year, 7 months ago IST
At the post-monetary policy press briefing, RBI Governor Shaktikanta Das said that GDP growth figures in the US are doing well and it was not right to rush to a conclusion that the country was slowly slipping into recession.
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RBI sees a positive shift in FPI's flows in the domestic market, USD 9.7 b
Updated : 1 year, 7 months ago IST
Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers in the domestic market from June 2024 with net inflows of USD 9.7 billion during June-August (till August 6) after witnessing outflows of USD 4.2 billion in April and May."
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RBI Governor Shaktikanta Das projects 7.2 pc GDP growth for 2024-25, repor
Updated : 1 year, 7 months ago IST
Das added, "Assuming a normal monsoon and taking into account the 4.9 per cent inflation print, Q1 CPI inflation for the current financial year (2024-25) is projected at 4.5 per cent, with q2 at 4.4 per cent, Q3 at 4.7 per cent and Q4 at 4.3 per cent. CPI inflation for the first quarter of n
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Repo rate remains unchanged at 6.5 per cent for ninth consecutive time: RB
Updated : 1 year, 7 months ago IST
Governor Das stated, "After a detailed assessment of the evolving macroeconomic and financial conditions and the overall outlook. It decided by a majority of four members to keep the policy repo rate unchanged at 6.5 per cent."
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