https://www.taxtmi.com/news?id=26578 The Monetary Policy Committee kept the policy repo rate unchanged and maintained standing facility rates, while committing to a calibrated withdrawal of monetary accommodation to ensure inflation progressively aligns with the CPI medium term target. The MPC noted moderating headline inflation, identified food dynamics and monsoon distribution as key risks, projected inflation and GDP growth for the year with risks evenly balanced, and recorded a unanimous vote to keep the policy rate unchanged with one member reserving on the withdrawal of accommodation language. en-us Thu, 08 Jun 2023 11:13:44 +0530 Thu, 08 Jun 2023 11:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26578 The Monetary Policy Committee kept the policy repo rate unchanged and maintained standing facility rates, while committing to a calibrated withdrawal of monetary accommodation to ensure inflation progressively aligns with the CPI medium term target. The MPC noted moderating headline inflation, identified food dynamics and monsoon distribution as key risks, projected inflation and GDP growth for the year with risks evenly balanced, and recorded a unanimous vote to keep the policy rate unchanged with one member reserving on the withdrawal of accommodation language. News - Thu, 08 Jun 2023 11:13:44 +0530 https://www.taxtmi.com/news?id=26578