The Reserve Bank of India (RBI) will come out with its next bi-monthly policy review on December 7 at the end of the three-day meeting of the Monetary Policy Committee (MPC) beginning Monday.
In addition to the domestic factors, the RBI committee may also take some cues from the US Federal Reserve which hinted at a lower rate hike of 50 basis later in the month. In order to combat inflation, the Federal Reserve had earlier hiked the key interest rates four times by 75 basis points (bps) each.
This story is from the December 05, 2022 edition of Millennium Post Delhi.
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This story is from the December 05, 2022 edition of Millennium Post Delhi.
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