Finance & Economy | News & Insights

RBI Policy Preview – Status Quo on Policy Rate Expected

Published: October 8, 2024
Author: TEXTILE VALUE CHAIN
  • We expect that the MPC will maintain the current policy rate and stance in October policy meeting.
  • Inflationary risks have not fully abated, specifically concerns around food inflation continue to linger.
  • Although economic growth has been healthy, there are some early signs of softness.
  • The RBI is expected to remain nimble and flexible in its liquidity management ensuring money market interest rates evolve in an orderly manner.
  • If food inflation moderates, we could see a shallow rate cut of 50 bps in the upcoming policy meetings in this fiscal year.

MPC_Expectation_Oct_2024

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