Indian Monetary Policymakers Left Interest Rate Unchanged
Officials at the Reserve Bank of India had paused the cycle of interest rate hikes at their policy review in April and maintained the existing stance again at this month’s meeting. Between May 2022 and February 2023, the RBI’s repo rate had been increased six straight times from 4.0% to 6.5%. Consumer price inflation in […]
Officials at the Reserve Bank of India had paused the cycle of interest rate hikes at their policy review in April and maintained the existing stance again at this month’s meeting. Between May 2022 and February 2023, the RBI’s repo rate had been increased six straight times from 4.0% to 6.5%. Consumer price inflation in […]
