The successive messaging by the MPC over its last 3-4 policies Says Unmesh Kulkarni, Julius Baer India
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Quote on RBI Monetary Policy By Unmesh Kulkarni, Managing Director Senior Advisor, Julius Baer India
“The successive messaging by the MPC over its last 3-4 policies reaffirms our view that the rate hike cycle is over, and RBI will rather use its liquidity management tools to keep inflation under check. At the same time, given the continued concerns and focus around inflation, we are unlikely to see any reversal in policy rates anytime soon, at least till mid-2024. The evolving global growth and rate situation will also be a key determinant of RBI’s policy actions, going forward”.
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