RBI: on the horns of a dilemma

Date posted: Monday 21 January 2019

After changing the stance of the monetary policy in the October review meeting to ‘calibrated tightening’ from ‘neutral’, the Reserve Bank of India (RBI) under Shaktikanta Das may choose to change the stance back to ‘neutral’ again in the February review meeting, after retail inflation grew at the slowest pace in 18 months. December retail inflation came in at 2.19% on the back of softening food and fuel prices. After changing the stance of the monetary policy in the October review meeting to ‘calibrated tightening’ from ‘neutral’, the Reserve Bank of India (RBI) under Shaktikanta Das may choose to change the stance back to ‘neutral’ again in the February review meeting, after retail inflation grew at the slowest pace in 18 months. December retail inflation came in at 2.19% on the back of softening food and fuel prices.

(The Hindu)

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