FinanceInFocus

RBI’s Monetary Policy Rates Like To Remain As It is Till April 2022: Report

US brokerage Bank of America Securities has maintained that the Reserve Bank will leave rates unchanged next week, recognizing growth-focused and Capex-driven fiscal expansion, which poses huge price pressure and interest rate risks later. 

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The RBI’s rate-setting panel Monetary Policy Committee (MPC) will begin its deliberations on Monday and announce the policy moves on Wednesday (February 9) in the backdrop of a massive spike in bond yields post the Budget. Almost all major central banks are in the process of hiking rates to tame inflation.

US brokerage Bank of America Securities has maintained that the Reserve Bank will leave rates unchanged next week, recognizing growth-focused and Capex-driven fiscal expansion, which poses huge price pressure and interest rate risks later.

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