The Reserve Bank of Indias Monetary Policy Committee (MPC), on the basis of an assessment of the current and evolving macroeconomic situation, at its meeting on April 8, 2022 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent. The marginal standing facility (MSF) rate and the Bank Rate remain unchanged at 4.25 per cent. The standing […]
Minutes of the latest rate-setting session showed that a large number of members held the view that the current high level of inflation and its persistence called for immediate further steps towards monetary policy normalization. The European Central Bank has turned more hawkish with several policymakers makers seeing the need for immediate steps towards policy normalization as euro area inflation set new highs on the […]
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