financetom
Economy
financetom
/
Economy
/
MPC Minutes: Members' take on rates & inflation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MPC Minutes: Members' take on rates & inflation
Dec 22, 2021 10:38 AM

‘Monetary policy is at an inflection point’ according to the RBI governor Shaktikanta Das. The central bank has released the minutes of the last policy meeting which show that all 6 members are worried about both growth and inflation.

RBI governor's statement went on to say global policy unwinding may have a spillover effect on India and monetary policy is going to get challenging.

CNBC-TV18’s Latha Venkatesh spoke to external members of the monetary policy committee - Ashima Goyal, Shashanka Bhide, and Jayanth Varma to discuss MPC minutes.

For full interview, watch accompanying video...

First Published:Dec 22, 2021 7:38 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Federal Reserve Watch for Oct. 9: FOMC Minutes Show Some Sentiment for Smaller 25-Basis Point Cut, Not Just Bowman
Federal Reserve Watch for Oct. 9: FOMC Minutes Show Some Sentiment for Smaller 25-Basis Point Cut, Not Just Bowman
Oct 10, 2024
02:38 PM EDT, 10/09/2024 (MT Newswires) -- The minutes of the Sept. 17-18 Federal Open Market Committee meeting showed that Federal Reserve Governor Michelle Bowman was not the only participant that wanted a 25-basis point rate cut. While the substantial majority preferred the voted-for 50-basis point cut, some participants said they thought a smaller rate cut would be appropriate, and...
US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
Oct 10, 2024
(Reuters) - The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase in more than a year after better-than-expected economic data caused financial markets to scale back bets on further Federal Reserve interest-rate cuts. The average contract rate on a 30-year fixed-rate mortgage rose 22 basis points in the week...
A
A "substantial majority" of Fed favored large cut in Sept, minutes show
Oct 10, 2024
WASHINGTON (Reuters) - A substantial majority of U.S. Federal Reserve officials at the central bank's September meeting supported beginning an era of easier monetary policy with an outsized half-point rate cut, but there appeared even broader agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future, according to just-released minutes...
US bond term premium turns positive again amid election uncertainty
US bond term premium turns positive again amid election uncertainty
Oct 10, 2024
NEW YORK (Reuters) - The U.S. Treasury 10-year term premium, a measure of the compensation investors demand to hold long-term government debt securities, moved back into positive territory this week as U.S. economic resilience defied expectations of aggressive interest rate cuts and election uncertainty weighed on long-term bonds. Term premiums have largely been suppressed for about a decade amid low...
Copyright 2023-2025 - www.financetom.com All Rights Reserved