MPC June 2022 Inflation’s long shadow

About The Editorial

The RBI has joined the battle by pitching the need to keep inflation and inflationary expectations under check. Just a month after the RBI’s MPC decided at a surprise ‘off-cycle’ meeting to raise interest rates for the first time in four years, the rate setting panel has followed up with a further 50 basis points increase in the policy repo rate. Furthemore, the MPC has stated that it no longer intends to ‘remain accommodative’.


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