RBI MPC meet: Analysts expect another ‘hawkish’ pause in repo rate
The RBI is widely expected to maintain a wait and watch approach and keep the policy repo rate unchanged for the third straight time at 6.5%.
The RBI is widely expected to maintain a wait and watch approach and keep the policy repo rate unchanged for the third straight time at 6.5%.
CPI inflation is expected to remain above the upper threshold of 6% in Q3 and Q4 of this fiscal, while it is likely to moderate in the first half of FY24.
The RBI is widely expected to opt for a lower rate hike of 35-50 bps in interest rates, along with a change in policy stance to “neutral”.
The RBI is widely expected to raise the policy rate by another 50 bps at its policy meeting at the end of this month
The BSE Sensex and the NSE Nifty are seen opening higher on Wednesday, following positive cues from global peers and bullish trends on the SGX Nifty.