Diabytes
Monetary policy meeting News
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RBI Monetary Policy Meeting: Big news is coming regarding the monetary policy meeting of RBI. There has been no change in the interest rates in this meeting of RBI. The repo rate remains unchanged at 6.5%.
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At the latest Monetary Policy Committee (MPC) of the RBI in early February, it decided to raise the repo rate by 25 basis points to 6.5 percent.
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RBI has been raising benchmark rates since May 2022 to contain inflation which has been largely driven by external factors.
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RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC).
The decision of the six-member rate-setting panel will be announced by the Governor on Wednesday.
RBI hiked the repo rate by 35 bps in its December monetary policy review.
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Wall Street stocks rose a bit early Tuesday ahead of Apple earnings and the start of a two-day Federal Reserve monetary policy meeting.
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The Bank of Japan is preparing a long-term strategy to achieve its inflation target, according to a report released on Friday.
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