No Action, None Needed : Monetary Policy Review December 2023
The MPC kept repo rate and stance unchanged in the policy review as was widely expected. Unlike recent previous policy […]
The MPC kept repo rate and stance unchanged in the policy review as was widely expected. Unlike recent previous policy […]
1. Global policy rate peak: The December Fed pivot marked the official peak to the global rate cycle. While the
Enough has been written already on the much looked forward to announcement by JP Morgan that India will be included
The monetary policy review was status quo on policy stance and rates, as was widely expected. However, there was a
Probably the most noteworthy feature of India’s recent macro-economic dynamics has been the increase in the trend rate of our
The MPC decided to keep all rates on hold and retained stance as ‘withdrawal of accommodation.’ The rate decision was
Introduction It has now been almost one and a half years of what has been a very aggressive developed market
The FY24 union budget, presented on 1st February 2023, pegged india’s fiscal deficit at 5.9% of GDP in FY24, after
Against majority expectation, MPC paused on rate hikes in a unanimous decision. All except Prof. Varma chose to persist with
The past week saw two notable developments for liquidity and money markets. One, RBI announced surplus transfer of INR 87,416