https://www.taxtmi.com/news?id=27040 The MPC kept the policy stance unchanged, maintaining key interest rates and emphasising withdrawal of accommodation to align inflation with the medium term CPI inflation target, while remaining prepared to take timely policy actions. It noted resilient domestic growth supported by investment and consumption, projected near term GDP and CPI trajectories with risks balanced, and identified food price shocks, base effects and crude oil volatility as principal inflationary risks. The decision was unanimous on rates, with one member expressing reservations on the withdrawal language. en-us Fri, 08 Dec 2023 17:20:00 +0530 Fri, 08 Dec 2023 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27040 The MPC kept the policy stance unchanged, maintaining key interest rates and emphasising withdrawal of accommodation to align inflation with the medium term CPI inflation target, while remaining prepared to take timely policy actions. It noted resilient domestic growth supported by investment and consumption, projected near term GDP and CPI trajectories with risks balanced, and identified food price shocks, base effects and crude oil volatility as principal inflationary risks. The decision was unanimous on rates, with one member expressing reservations on the withdrawal language. News - Fri, 08 Dec 2023 17:20:00 +0530 https://www.taxtmi.com/news?id=27040