Quite in line with general expectations the RBI Monetary Policy Committee retained the policy rates at the same level. The Repo Rate is at 6.50%. There is no change in the policy rates which reached the peak levels in Feb 2023. Incidentally, it may be mentioned here that the policy statement by the MPC is […]
The Fed, in the FOMC meet, decided to leave the base rate unchanged at 5.25% to 5.50%. The Fed statement reads like this – even as “there has been some further progress toward the Committee’s 2 percent inflation objective”, it still “remains elevated”. The statement reiterated the Fed’s commitment to achieve the inflation objective. Inflation […]
