1/2/2023 0 Comments How to get tv app repo![]() ![]() ![]() ![]() would force RBI to hold the rates until next meet by which time there would be clarity on the impact of the new variant, US Federal Reserve action and the supply side recovery in India. Federal Reserve could start increasing the interest rates in response, which could force RBI also to increase interest rates but the supply side disruption in the last few months due to shortage of supply of coal, chips, etc. Further, the Federal Reserve of the USA has also indicated that the inflation in the USA is there to stay and is not transitionary. The impact of the new variant is yet uncertain and could undo the positive developments cited by many such as the increase in GST collections, etc. “There has been a lot of developments over the last month, which is of significance for the MPC. RBI monetary policy committee (MPC) will keep the key lending rate or the repo rate unchanged at 4 per cent for the ninth straight meeting, said analysts. India’s central bank will likely to keep interest rates at record lows amid the emergence of new Covid-19 variant Omicron across the world. The Reserve Bank of India is set to announce the decision of its bi-monthly monetary policy on December 8. ![]()
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