RBI Monetary Policy : The rate hike by the MPC was on expected lines By Rahul Shresth, Avener Capital
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Below is quote on Monetary Policy by Rahul Shresth, Vice President at Avener Capital
“The rate hike by the MPC was on expected lines. The rate hikes by the fed and soaring food and energy prices pose a challenge to emerging economies including India. Withdrawal of the accommodative stance is an indication of the fact that the bigger challenge for the RBI is controlling inflation and keeping it within the tolerable range”.
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Quote on Monetary Policy outcome By Mr. Rahul Shresth, Avener Capital
