Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-and-govtwould-aim-for-a-soft-landing-amid-raising-interest-rates-to-curb-inflation/article65496708.ece RBI would further front load rate hikes; Bond street is expecting 75-100 bps rate hike till December 2022 Central Banks across the globe have
Category: MPC–Dec 21 and for earlier periods
MPC may go for back-to-back repo rate hike to temper inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-may-go-for-back-to-back-repo-rate-hike-to-temper-inflation/article65496802.ece Market expects 35-50 bps repo rate hike The monetary policy committee (MPC) is expected to go in for a back-to-back ‘no-brainer’ repo rate
*****RBI could have been more circumspect in timing: Alphaniti Fintech’s UR Bhat | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rbi-could-have-been-more-circumspect-in-timing-alphaniti-fintech-s-ur-bhat-122050900015_1.html In conversation with Sundar Sethuraman, Bhat says policymakers should usher in changes gradually, so that markets get a fair idea of what to
*****MPC overturns standard assumptions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/monetary-policies-could-hold-surprises/article65389330.ece Surprise can be a new way of making monetary policy more effective. | Photo Credit: NEHA S Surprise can work in achieving policy
*****RBI falls in line with global central banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-falls-in-line-with-global-central-banks-122050800842_1.html Another rate hike in June is on the cards. The question is: How much? Could it be 75 bps at one go or
*****A jolt from RBI: Consistently underestimating inflation raises questions over central bank’s forecasting abilities | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/inflation-rbi-forecasts-interest-rate-hike-covid-19-economy-7901644/ In recent times, there has been marked variance between actual inflation and the RBI’s forecasts. In its February policy, the RBI had projected
*****Back with a bang – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/back-with-a-bang/article65382087.ece The Reserve Bank of India (RBI) Governor Shaktikanta Das gestures as he arrives at a news conference after a monetary policy review in
*****Course correction | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/course-correction-122050401281_1.html RBI has been slow in withdrawing accommodation The Reserve Bank of India (RBI) has eventually decided to adjust to the evolving economic reality. The Monetary Policy
*****RBI’s interest rate hike forefronts inflation as the big challenge in the months ahead–Times of India
lipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/rbis-interest-rate-hike-forefronts-inflation-as-the-big-challenge-in-the-months-ahead/ Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who
*****Turbulence ahead: RBI makes it clear inflation is now the big challenge, governments need to gear up to fight it–Times of India
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/turbulence-ahead-rbi-makes-it-clear-inflation-is-now-the-big-challenge-governments-need-to-gear-up-to-fight-it/ TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues
*****Inevitable increase: The Hindu Editorial on RBI’s interest rate hike – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/inevitable-increase-the-hindu-editorial-on-rbis-interest-rate-hike/article65381640.ece The RBI’s increase in interest rates was long overdue The RBI’s increase in interest rates was long overdue The penny has dropped. After
*****The day RBI moved the rates | Deccan Herald
lipped from: https://www.deccanherald.com/opinion/the-day-rbi-moved-the-rates-1106602.html Finance ministry was keen for more accommodation to keep the growth trends going even at the cost of higher inflation, but the numbers
*****US Federal Reserve raises interest rate by half point to contain inflation | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/us-federal-reserve-raises-interest-rate-by-half-point-to-contain-inflation-1106541.html Inflation has become an overriding concern after the world’s largest economy saw annual consumer prices jump 8.5% over the 12 months to March
*****‘Unkindest’ rise in interest rates | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/unkindest-rise-in-interest-rates-1106535.html The unscheduled rate hike is too sudden, too steep, and most ill-timed It is for the first time since August 2018 that the
*****With repo rate hike, RBI has done what’s necessary | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/with-repo-rate-hike-rbi-has-done-whats-necessary-7901835/ It may have surprised the markets, but the move was prudent. More hikes are likely to follow By pledging to remain accommodative to
*****Repo Rate News here; RBI hikes repo rate by 40 bps to 4.40%–Indian Express
Clipped from: https://indianexpress.com/article/business/economy/rbi-governor-shaktikanta-das-live-updates-inflation-7900659/ By hiking the Repo rate and CRR, the RBI is aiming to keep inflation – which is already close to 7 per cent
*****Arming to change inflation projection – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/arming-to-change-inflation-projection/articleshow/91324656.cms Synopsis The MPC has retained its accommodative stance with India that will be caught in a global slowdown. RBI’s Monetary Policy Committee (MPC) has stepped
*****Will the market understand Shaktikanta Das’ motivations and trust him again? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-will-the-market-understand-shaktikanta-das-motivations-and-trust-him-again/articleshow/91325002.cms Synopsis So, what changed? A congeries of thoughts linked to the economy as well as political economy could have prodded him to take
*****More rate actions likely as price pressure may sustain over 6%, say economists – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/more-rate-actions-likely-as-price-pressure-may-sustain-over-6-say-economists/articleshow/91316778.cms Synopsis Some economists are now anticipating more rate rises in the year as price pressure may sustain above the Reserve Bank of India’s
*****MPC communication loses lustre. Is a 75 bps hike next? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mpc-communication-loses-lustre-is-a-75-bps-hike-next/articleshow/91325963.cms Synopsis An interest rate increase per se wouldn’t have been shocking given the price pressures that have been building up and the actions