headline inflation

Can the Reserve Bank of India rein in food inflation?

Can the Reserve Bank of India rein in food inflation?

On August 8, the Reserve Bank of India (RBI) announced that it had kept the benchmark interest rate unchanged at 6.5% after the end of its monetary policy meeting — it marked the ninth straight meeting of the central bank in which it held rates at the same level. According to governor Shaktikanta Das, the …

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RBI policy focused on disinflation; food price shocks pose risk: 5 key highlights from MPC Minutes

RBI policy focused on disinflation; food price shocks pose risk: 5 key highlights from MPC Minutes

The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, December 22, highlighting that domestic food inflation unpredictability, and volatility in crude oil prices and financial markets in an uncertain international environment pose risks to the inflation outlook. Hence, the central bank’s monetary policy continues to remain …

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