For RBI, not much space left to be restrictive
October 1, 2022
Global externalities weigh on MPC decisionThe Monetary Policy Committee (MPC) expectedly raised the policy rate by another 50bps for the third consecutive time, with the repo rate now at 5.90%. The decision had a 5-1 split, with one of the members Prof. Ashima Goyal voting in favour of a 35bps...
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