If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December meeting, according to a report by ICICI Bank.
The Reserve Bank of India's Monetary Policy Committee (MPC) could consider reducing policy rates further if upcoming GDP data comes in lower than expectations and the US Federal Reserve begins aggressive rate cuts due to a weaker labour market, according to a report by HSBC Mutual Fund.
Speaking at the 59th Annual Economic Forecast Luncheon, Phoenix, Arizona on Wednesday, Governor Waller said the data of the past few weeks have made him more comfortable considering stepping down to a 50-basis-point hike in the upcoming policy meet.
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.