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MPC minutes

mpc: Preferred 50 bps rate hike in May, not clear why most in panel sought 40: MPC’s Varma

Jason Junior May 18, 2022 0

NEW DELHI: In a statement bordering on the cutting, Jayanth Varma, a member of India’s Monetary Policy Committee, said that he preferred a rate hike of 50 basis points after the panel’s…
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Business

mpc minutes: Ukraine war has altered inflation dynamics, needed to hike rates swiftly: MPC minutes

Jason Junior May 18, 2022 0

NEW DELHI: The minutes of the Monetary Policy Committee’s unscheduled May 2-4 meeting, in which a rate hike was announced, show a much greater degree of urgency concerning inflation…
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Business

MPC minutes: MPC continued forward guidance for too long: MPC member Jayanth Varma

Jason Junior May 18, 2022 0

In the minutes of the unscheduled meeting held by the Monetary Policy Committee (MPC) between May 2 and May 4, Jayanth Varma said that the MPC had a lot of catching up to do as it…
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Business

MPC voted for accommodation on benign inflation outlook

Jason Junior Feb 25, 2022 0

The Monetary Policy Committee had weighed the potential adverse fallout from the geopolitical developments in Europe that may force it to react to fast evolving situations, but chose to…
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Business

RBI’s MPC did see Ukraine-Russia tension as a bigger risk than omicron

Jason Junior Feb 24, 2022 0