Experts say MPC's June 6-8 meet 'super live' for rate hike after April inflation shocker - Moneycontrol
5/12/2022 12:00:00 AM3 years 9 months ago
by Siddharth Upasani
by Siddharth Upasani
The central bank's rate-setting panel announced a surprise 40-basis-point repo rate hike on May 4 in anticipation of a high inflation number for April. But the figure has exceeded economists' expectations.
The higher-than-expected retail inflation print for April has sent tongues wagging, with experts seeing the June 6-8 meeting of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) as "s… [+3702 chars]
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