Page 9 - Monetary Policy

Real test of monetary policy is in time of supply shocks: MPC 1.0 member

'Our collective decision was to record our views through the MPC minutes and not elsewhere,' says Chetan Ghate.

Time to reassess monetary policy positions

Although the pandemic is unlikely to end immediately, its impact on economic activity would slowly wane

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

Why RBI disagrees with market perception on policy normalisation

RBI's announcement of liquidity absorption through the variable reverse repo auction was interpreted by the market as an indication of withdrawal from the accommodative stance

China central bank to keep monetary policy 'flexible and appropriate'

In its second-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity reasonably ample

RBI monetary policy is a stepping stone towards policy normalisation

Growth commentary is more positive than last policy with rural demand expected to be resilient, exports expected to continue to do well and pick-up in the long awaited capex cycle

Live: RBI keeps repo rate steady, says economy in better shape since June

Live updates: Monetary policy committee's decisions being read out by RBI governor Shaktikanta Das

RBI hints at normalising ultra-loose policy, bond yields jump to 6.24%

This was the seventh consecutive occasion when the central bank maintained a status quo on policy rates

RBI keeps rates unchanged amid policy dissent on lower-for-longer stance

Policy makers voted 5-1 in favor of keeping the stance accommodative, a departure from the past when they were unanimous on the need to support growth amid the pandemic.

Reserve Bank of India raises retail inflation projection for FY22 to 5.7%

The RBI on Friday raised the retail inflation projection for the current fiscal to 5.7 per cent on account of supply side impediments, firm crude oil prices and higher cost of raw materials.

Top headlines: India buries retrospective tax, RBI to spell out policy

Business Standard brings you the top headlines on Friday

RBI likely to maintain status quo on interest rate amid fears of third wave

The Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy.

Price shock has ICICI Prudential Life's exec expecting hawkish RBI in Aug

India's retail inflation crossed outside the central bank's 2%-6% comfort zone recently, pushing yields higher on fears the Reserve Bank of India's policy tone will change as early as August in the di

Reserve Bank of India: The real hero of the 1991 economic reforms

The three governments of that decade - the Congress, the United Front, and the National Democratic Alliance - went along because whatever the RBI did had no impact on votes

Best of BS Opinion: India's data deficiency, question of compliance & more

Here are the best of Business Standard's opinion pieces for Wednesday

A question of compliance

Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime

Save jobs or protect savers? A new monetary policy dilemma amid Covid-19

The model suggests that interest rates can be kept low for the greater good.

Caution on inflation

RBI's primary mandate should remain inflation targeting

RBI will stick to pushing economic growth at this stage: Deputy guv MK Jain

"The inflation concerns are valid but we have to prioritise growth at this stage", deputy governor MK Jain said at a webinar

Need to be watchful on inflation even as we prioritise growth: MPC minutes

Focus on revival and sustenance of growth is the most desirable policy option while of course remaining watchful of the inflation trajectory, governor Shaktikanta Das said