RBI MPC: When and where to watch policy announcement by Shaktikanta Das

RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'

The Reserve Bank of India's (RBI) Governor Shaktikanta Das will announce the decision of the Monetary Policy Committee (MPC) on the repo rate today. The six-member rate-setting committee started its bi-monthly meeting to decide on the benchmark interest rate on February 6. According to experts, the central bank of India may go for a lower repo rate hike of 25 basis points (bps). 

"Considering the trend of CPI, the RBI may go in for a smaller increase in repo rate by 25 basis points. However, with the sticky core inflation and persisting rate increase in rates by the US Fed,