Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 02, 2024

RBI Monetary Policy Preview - A Balanced Policy With Focus On Liquidity: CareEdge Analysis

RBI Monetary Policy Preview - A Balanced Policy With Focus On Liquidity: CareEdge Analysis
RBI logo. (Photo: Vijay Sartape/ Source: NDTV Profit)

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CareEdge Research Report

  • The upcoming monetary policy committee meeting of the Reserve Bank of India, slated for this week, marks the first meeting of this fiscal year.

  • The meeting is set against a backdrop of stronger-than-expected economic performance despite pressures in specific segments of the economy.

  • While there has been broad-based moderation in inflation, higher food inflation keeps headline numbers elevated. However, benign core inflation will comfort RBI.

  • The RBI will thus be inclined to adopt a cautious approach, preferring to assess the evolving risks associated with food inflation before making any changes in its decisions.

  • The policy rates will likely be kept on hold in the upcoming policy meeting, with no change in stance.

  • Going ahead, we anticipate that the MPC will contemplate rate cuts in the second half of FY25 as headline inflation approaches the 4% threshold.

Click on the attachment to read the full report:

CareEdge_Report MPC Expectations_April 2024.pdf
VIEW DOCUMENT

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

To continue reading this story
You must be an existing Premium User

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search