3/08/2022 12:18:38 PM | Source: PR Agency
Monetary policy expectation from Mr. Shivam Bajaj, Avener Capital
Quote on Monetary policy expectation from Mr. Shivam Bajaj - Founder & CEO at Avener Capital
"Two critical factors would determine MPC's stand on rates in this meeting, whether Inflation continues to remain beyond RBI's comfort zone and GST collections as well as PMI is looking up even after successive rates hikes by RBI in the initial part of this year which would give it confidence to continue its hawkish stand. This might align market expectations towards rate hike by around 30 bps."
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