TAG: Policy rate
Manufacturing activity eases to 58.1 in July, experts foresee pickup capex utilisation soon
Manufacturing activity eased to 58.1 in July from 58.3 a month back, results of a private survey released on August 1 showed.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained higher than the long-term average for yet ano...
2 months ago
FM distances from Economic Survey’s idea of excluding food from inflation targeting
Finance minister Nirmala Sitharaman on August 10 distanced the government from the Economic Survey’s idea of excluding food from inflation targeting.“The survey is free to pitch ideas,” the finance minister said reacting on queries regarding the use of co...
2 months ago
Households expect non-food and food inflation to rise in tandem, see faster rise
India’s inflation dipped to a 59-month low of 3.5 percent in July compared to 5.1 percent in the previous month. While falling inflation should have provided some succour to households, in a survey conducted to measure inflation expectations between July...
1 month ago
Lower inflation, manufacturing pick-up split opinions on rate cuts
Deciding on the rate trajectory will not be easy when the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meets in October, especially with inflation settling lower than anticipated and growth showing signs of a pickup, according to experts....
1 month ago
The relationship between Fed and RBI policies may not be that simple, shows data
US central bank, the Federal Reserve, delivered its first rate cut since 2020 on September 18, reducing the policy rate by 50 bps to a target range of 4.75 to 5 percent range. While a rate cut by the Fed has raised expectations of a similar action by the...
3 weeks ago
RBI to hold the policy rate in October meeting; 25 bps cut likely in December: MC Poll
Reserve Bank of India will likely not give in to calls for a rate cut following the US Federal Reserve’s decision to slash the policy rate by 50 bps on September 18, according to a Moneycontrol poll of 17 economists.The median forecasts in the Moneycontro...
3 weeks ago