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MPC members indicate more rate hikes to tackle rising inflation

Business Standard LogoBusiness Standard4d ago

MPC members indicate more rate hikes to tackle rising inflation

Quick Summary

The rate-setting committee has increased the policy repo rate by 90 basis points in May and June, to 4.

MPC members indicate more rate hikes to tackle rising inflation The rate-setting committee has increased the policy repo rate by 90 basis points in May and June, to 4.

The members of the monetary policy committee (MPC) of the Reserve Bank of India (RBI) indicated more interest rate hike in the coming months to tackle rising inflation, minutes of the June policy review rele¬ased on Wednesday showed.


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Article Details & Transparency

Author / Journalist: Manojit Saha

Category: BusinessFinance

Topics: Rising Support Tackle Business Members Subscription Journalism Content Standard Policy Rate

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: business-standard.com

Readership Location: India

Published Date: 2022-06-23, 06:06:00

News Timezone: GMT +5:00

Language: English

Original Article Length: 338 words

Reading Duration: 2 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 463799

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About Publisher

Name: Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 239 posts per day

Last Update: 3h ago

Headquarters: India

Coverage Areas: India

Publication Owner: Independent Company

Publication Timezone: GMT +5:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #118

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