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RBI Likely To Keep Policy Rates On Hold, Say Analysts


RBI Likely To Keep Policy Rates On Hold, Say Analysts
RBI Likely To Keep Policy Rates On Hold, Say Analysts
Retail inflation eased in November after holding above 7% for two straight months, but remained beyond the RBI s upper bound of the 2-6% target.
Updated: December 14, 2020 7:24 pm IST
Retail inflation eased in November after holding above 7 per cent for two straight months, but remained beyond the upper bound of the 2-6 per cent target, meaning the central bank is likely to leave policy rates on hold to support the economy, analysts said.
November s annual retail inflation was 6.93 per cent, lower than the 7.1 per cent forecast in a Reuters poll of economists and down from 7.61 per cent in October, government data showed on Monday. ....

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