RBI Policy:MPC likely to hold rates steady Fri, may hike CPI | DM Stocks

 RBI Policy:MPC likely to hold rates steady Fri, may hike CPI forecast

Informist
 
NEW DELHI – The Monetary Policy Committee is expected to leave the repo rate unchanged at 4.00% on Friday, although it may be forced to sound warnings on inflation and raise its forecast following an unexpectedly high print a couple of months ago.
 
All 25 economists, treasurers, and mutual fund managers polled by Informist expect the Reserve Bank of India's rate-setting panel to make no change to the policy rate or the accommodative stance at the conclusion of its three-day meet, which begins Wednesday.