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    <title>Minutes of the Monetary Policy Committee Meeting June 4-6, 2018 [Under Section 45ZL of the Reserve Bank of India Act, 1934]</title>
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    <description>The MPC assessed rising underlying inflationary pressures-driven by a firming of CPI inflation excluding food and fuel, a sharp rise in households&#039; inflation expectations, and higher international crude and commodity prices-against muted food inflation and resilient growth; it decided to raise the policy repo rate and retain a neutral stance to anchor inflation expectations while supporting the recovery, with the decision adopted unanimously and individual members&#039; statements recorded.</description>
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