Mumbai: The RBI is likely to assure the government that inflation would be brought within the monetary policy committee’s (MPC’s) tolerance band by the fourth quarter and is likely to be reined in from FY24. The target is 4% with a tolerance of 2 percentage points.
The RBI is also likely to highlight the 190-basis point (100bps = 1 percentage point) repo rate hike that has been implemented since May, which will impact demand over the next six months.
Diese Geschichte stammt aus der November 04, 2022-Ausgabe von The Times of India Mumbai.
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Diese Geschichte stammt aus der November 04, 2022-Ausgabe von The Times of India Mumbai.
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