https://www.taxtmi.com/news?id=31260 The Monetary Policy Committee reduced the benchmark one-week repo rate by 2.5 percentage points to 45 per cent, emphasizing a prudent, meeting-by-meeting approach focused on the inflation outlook. The bank observed some improvement in inflation expectations and pricing behavior but warned these continue to pose risks to disinflation; annual inflation eased to 44.38 per cent in December 2024, though independent economists cite higher real inflation. The decision is framed within recent shifts from unconventional low-rate policy to subsequent hikes and the current renewed easing. en-us Thu, 23 Jan 2025 18:46:03 +0530 Thu, 23 Jan 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31260 The Monetary Policy Committee reduced the benchmark one-week repo rate by 2.5 percentage points to 45 per cent, emphasizing a prudent, meeting-by-meeting approach focused on the inflation outlook. The bank observed some improvement in inflation expectations and pricing behavior but warned these continue to pose risks to disinflation; annual inflation eased to 44.38 per cent in December 2024, though independent economists cite higher real inflation. The decision is framed within recent shifts from unconventional low-rate policy to subsequent hikes and the current renewed easing. News - Thu, 23 Jan 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=31260