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    <title>RBI Gives Strong Signal to further Moderate Inflation and Check Inflationary Expectations by making 50 basis Points Increase in Policy repo rate; Expects more Comfortable Inflation Situation of 6 to 7 per cent at year end: FM.</title>
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    <description>A 50 basis point increase in the policy repo rate under the Liquidity Adjustment Facility is a monetary tightening intended to moderate headline inflation, check inflationary expectations, and support a return to a more comfortable year-end inflation range, responding to softened food inflation but hardened non-food manufacturing inflation that keeps headline inflation elevated.</description>
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