In October, the MPC moved to a neutral stance from its earlier "withdrawal of accommodation," while keeping the policy rate steady at 6.5 percent for a 10th straight meeting. The committee also maintained its retail inflation forecast for FY25 at 4.5 percent.
RBI Governor Shaktikanta Das last week had warned that October's inflation print would likely surpass September's, suggesting that a rate cut remains off the table despite the MPC's shift in policy stance.
Diese Geschichte stammt aus der November 13, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der November 13, 2024-Ausgabe von Business Standard.
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