The Monetary Policy Committee hiked the policy repo rate by 250 basis points to 6.5 percent in 2022-23 to fight inflation. Economists are now penciling in interest rate cuts somewhere in the middle of 2024, although the central bank#39;s hawkish focus on the 4 percent inflation target has markets concerned
The Monetary Policy Committee hiked the policy repo rate by 250 basis points to 6.5 percent in 2022-23 to fight inflation. Economists are now penciling in interest rate cuts somewhere in the middle of 2024, although the central bank#39;s hawkish focus on the 4 percent inflation target has markets concerned The Monetary Policy Committee hiked the policy repo rate by 250 basis points to 6.5 percent in 2022-23 to fight inflation. Economists are now penciling in interest rate cuts somewhere in the middle of 2024, although the central bank#39;s hawkish focus on the 4 percent inflation target has markets concerned Moneycontrol Latest News Read More
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