Page 2 - Monetary Policy

Reserve Bank widely seen delivering final 25 bps hike, say economists

Annual retail inflation edged down in December from the previous month and remained within the central bank's comfort zone 2%-6% range for a second consecutive month

Sooner or later, US Fed may need technical tweaks for rate control toolkit

The Fed is widely expected to raise the target rate to 4.5% to 4.75% at Wednesday's Federal Open Market Committee meeting

Economic survey likely to peg 2023-24 growth at slowest in 3-yrs: Report

According to the report, the survey will likely caution that pressure on the rupee could continue due to the tightening of monetary policy

High inflation causing tension between monetary and fiscal policy: Gopinath

On what needs to change, she said for the countries to manage such a difficult trade-off right, fiscal policy has to play a role

Frontloaded actions to bring inflation further under control: RBI report

India's retail inflation has moderated after remaining above the upper tolerance level since January, and frontloaded monetary policy actions are expected to bring it further under control, the Reserve Bank of India (RBI) said in a report on Thursday. The RBI's Financial Stability Report (FSR) also said the persistence and broadening of core inflation may continue to exert pressure going forward. "Frontloaded monetary policy actions are expected to bring inflation into the tolerance band and closer to the target while anchoring inflation expectations," the FSR noted. The Indian economy is confronting strong global headwinds but the sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and engendering financial system stability, it added. "Inflation, though elevated, is retreating in response to frontloaded monetary policy actions and supply side intervention," the report noted. The RBI said the increase

RBI imposes penalty of Rs 13.9 lakh on Mynd Solutions for non-compliance

Non-promoter shareholding in the company exceeded the 10% ceiling prescribed for TReDS operators

Monetary policy making: 2022 was year of reset, 2023 could be a long pause

25 bps raise likely in Feb, before RBI hits status quo button, feel experts

Reducing core inflation key to easing prices: MPC member Shashanka Bhide

Core inflation, calculated after stripping out volatile food and energy prices, has stayed above 6% for 14 months in a row, while retail inflation cooled to 5.88% in November

Pent-up demand, infra spend drove growth amid global headwinds: FinMin

In its latest Monthly Economic Review, the Ministry said global economic developments remain complicated in November, and that fiscal and monetary policymakers need to remain vigilant

Fear of sustained aggressive monetary policy by US Fed rattles investors

Both Sensex and Nifty post biggest losses since Sept 26 as Covid cases in China, oil price spike worsen sentiment

Best of BS Opinion: Covid's China syndrome, hedging risks, and more

Here is the best of Business Standard's opinion pieces for today

India to face export shocks from global recession: BFSI economists' panel

While two of the eminent panelists - Ghosh and Nayar - said they expect a pause in the monetary cycle by the MPC, Chakraborty, Sagar, and Kapoor said the MPC could still hike by 25-50 basis points

Bank of Japan maintains key rates, widens range of long-term govt bonds

Bank of Japan has decided to adjust its yields on 10-year govt bonds in a policy move to address mounting costs connected to its long-standing monetary easing measures

WPI inflation eases to 21-month low as pricing pressure softens in November

Fruits and vegetables, protein-rich items such as eggs, meat and fish drag down prices; Core inflation eases for seventh consecutive month to 3.5%

RBI policy: Here is why the central bank needs to stop raising rates

RBI, following conventional wisdom, is guilty of wanting to show that it's doing something to bring down inflation while perhaps helping worsen it by slowing down efforts to increase capacity, output

More to come

Containing inflation remains a challenge

Little scope for RBI to take its foot off the gas

The RBI need not match the Fed one-to-one but there seems little scope to take its foot off the gas

RBI MPC meet LIVE: No difference between paper currency and CBDC, says Das

Catch all the latest updates on the RBI's bi-monthly monetary policy announcement today

Cooling prices give Reserve Bank of India space to slow interest-rate hikes

Das will announce the rate decision through a webcast at 10 am in Mumbai on Wednesday, and will address a press conference at 12 pm.

Don't take foot off pedal

RBI should note that inflation still menaces the economy