https://www.taxtmi.com/news?id=22496 The MPC kept the policy repo rate unchanged and retained an accommodative stance to revive growth while ensuring inflation remains within the target. This balance responds to a weak domestic economy and negative output gap on the one hand, and an elevated near-term inflation outlook driven primarily by a food price spike and cost-push factors on the other. The Committee noted ample liquidity, improving monetary transmission, and external risks including geopolitical tensions and the coronavirus, and will monitor data to guard against generalisation of inflationary pressures. en-us Thu, 06 Feb 2020 14:56:42 +0530 Thu, 06 Feb 2020 14:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22496 The MPC kept the policy repo rate unchanged and retained an accommodative stance to revive growth while ensuring inflation remains within the target. This balance responds to a weak domestic economy and negative output gap on the one hand, and an elevated near-term inflation outlook driven primarily by a food price spike and cost-push factors on the other. The Committee noted ample liquidity, improving monetary transmission, and external risks including geopolitical tensions and the coronavirus, and will monitor data to guard against generalisation of inflationary pressures. News - Thu, 06 Feb 2020 14:56:42 +0530 https://www.taxtmi.com/news?id=22496