Both will have a direct impact on future rate decisions. It'll just take a moment. With no history to rely on, economists are split on the outcome. Economists are trying to assess the ideal timing for a rate reduction, amid weak investment and slowing consumption.
Markets anticipate interest rate cut by RBI. Internet Not Available. A new era at the RBI, where the monetary policy decision is about to be made collectively for the first time.
Investors will also look for clues on vibrancy and openness in the discussions of the MPC, in particular whether the three RBI members voted as a block.
However, uncertainties are brewing given that oil-producing countries may cut output and push up prices, Jay Shankar and Rahul Agrawal of Religare Securities Ltd. Yes, Continue.
While the minutes and the rationale for each vote will probably only be published later this month, Patel may indicate the balance of opinions during the press conference.
If not now, then when?
A potential increase in housing allowance for public servants and an upcoming goods and services tax will also push inflation higher, they said. Wait for it… Log in to our website to save your bookmarks. Consumer-price gains slowed to 5.
New group, new goals? What signal should the new Monetary Policy Committee send? Also Read: Governor Urjit Patel, who last month replaced Raghuram Rajan, is joined by two Reserve Bank officials and three academics on the panel meeting on Monday and Tuesday.