The RBI / MPC raised repo rate by 35 bps to 6.25%, as was widely expected. There was one dissent […]

Food inflation has always been a wild card. In October, food and beverages component of Consumer Price Index (CPI) increased

The Set-Up Most of the year so far has been about trying to find policy rate peaks in major developed

1.  The defining feature of the post Covid  global macro cycle was the staggeringly large fiscal and monetary stimulus administered

The policy was along expected lines in terms of action with the MPC delivering a 50 bps hike, taking the

Many countries, particularly in the developed world, are now looking at an economic slowdown ahead in the face of policy

1. More pronounced signs of economic breakage It is evident now that economic growth is slowing appreciably around the world.

The MPC hiked policy rates by 50 bps, thereby taking the repo rate to 5.40%, while retaining stance as ‘focussed

Concerns about a global growth slowdown and recession in parts of the world are rising. The current focus of monetary

Our reading of RBI’s characterisation from the last two policies was that it considered the total monetary and fiscal responses