Next rate cut depends on how teary-eyed onion leaves RBI
RBI was widely expected to cut interest rates at last week's policy, which would have made it into a sixth consecutive cut in as many policy reviews in 2019 to boost the sagging growth, that has dipped to a six-year low. "We advise investors to track onion prices to time the next rate cut by RBI," Bank of America Securities said.
Chinese inflation hits eight-year high as pork prices double
The widespread outbreak of swine fever since August 2018 has disrupted the pork ...
Inflation targeting: Surge in prices of onion & sugar has brought back bad memories
A surge in prices of onion and sugar has brought back the...
ET Explains: What's making the pass-through of RBI's policy decisions sticky
The issue of lack of monetary transmission hasn't cropped up suddenly and is something that has been a matter of concern for the RBI in ensuring the pass-through of its policy decisions. The matter snowballed in the last few months after the RBI observed that the effects of its rate cuts are not being felt in terms of interest rates coming down.
Former Fed Chief Paul Volcker, inflation tamer, dead at 92
Volcker was the first to bring celebrity status to the job of US central banker.
Inadequate demand has been a key issue impacting growth
Inflation would seem to be at nirvana levels of policy-achievement.
Relaxed phytosanitary rules lead to surge in onion imports, help lower prices
At a meeting called by the Directorate General of Foreign Trade, traders assured officials that fears of foreign pests and disease impacting domestic onion crops due to relaxed phytosanitary norms were unfounded.
What to do when what’s cheap is not safe, and what’s safe is not cheap
The credit and deposit growth in the banking system is down to single digits.
Inflation & IIP prints, trade deal & other global cues to steer Dalal Street this week
Here are the key factors that will guide the market through the week.
Analysts see RBI pausing rates for long as inflation worries return
While the RBI has asserted that the stance of the monetary policy will stay accommodative, market analysts believe that rate cuts won't happen frequently.
RBI revises inflation projection upwards in view of rising food prices
Following the slide in economic growth to 4.5 per cent the last quarter — the worst numbers in more than six and half years — the RBI was expected to further cut policy rates, but ended up holding the repo rate at 5.15 per cent.
Reliance Jio, Airtel tariff hikes likely to elevate core inflation
Das noted that timing of interest rate cut was important rather than mechanical cuts.
The shock and awe era for central banks is over
Those limitations will be on display in the upcoming meetings.
RBI keeps rates unchanged due to inflation pressure, lowers growth estimate again
The six-member monetary policy committee (MPC) vote was unanimous, RBI said in a release.
RBI rate review: Growth concerns likely to outweigh rise in inflation
The MPC had modestly revised its CPI inflation forecast for Q2 of FY2020 to 3.4 per cent.
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