Perspective on MPC by Siddharth Chaudhary, Head – Fixed Income, Bajaj Finserv AMC
Below the Perspective on MPC by Siddharth Chaudhary, Head – Fixed Income, Bajaj Finserv AMC
The MPC delivered exactly what the bond market was hoping for — a 25 bps rate cut and Rs.1 trillion in OMOs scheduled to be completed within this month. With inflation forecasted downwards, including core now projected below 4%, the Governor’s statement has opened space for discussion on further easing. The unanimous decision underscores confidence in the disinflation trend and signals a supportive stance for growth. Moreover, front-loading OMOs creates the possibility of additional liquidity measures in the next quarter
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