https://www.taxtmi.com/news?id=28043 The MPC resolved to keep the policy repo rate unchanged and to change the monetary policy stance to neutral, prioritising durable alignment of CPI inflation with the medium term target while supporting growth. The Committee set out near term projections for GDP and CPI inflation, described risks as evenly balanced, and justified the stance change on the basis that prior tightening has anchored expectations and created policy headroom. Voting records and individual member statements reflecting differing views on timing and calibration of easing were recorded. en-us Wed, 23 Oct 2024 18:36:44 +0530 Wed, 23 Oct 2024 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28043 The MPC resolved to keep the policy repo rate unchanged and to change the monetary policy stance to neutral, prioritising durable alignment of CPI inflation with the medium term target while supporting growth. The Committee set out near term projections for GDP and CPI inflation, described risks as evenly balanced, and justified the stance change on the basis that prior tightening has anchored expectations and created policy headroom. Voting records and individual member statements reflecting differing views on timing and calibration of easing were recorded. News - Wed, 23 Oct 2024 18:36:44 +0530 https://www.taxtmi.com/news?id=28043