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RBI Monetary Policy Committee Members Unanimous On Controlling Inflation: Top Quotes

RBI Governor: Circumstances warrant prioritising inflation and anchoring of inflation expectations in the sequence of objectives to safeguard financial stability ....

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MPC minutes: Elevated inflation to pose challenges for monetary policy, says RBI Governor

MPC minutes: Elevated inflation to pose challenges for monetary policy, says RBI Governor
A combination of cost-push factors including supply side disruptions, sharp increase in international commodity prices, high retail margins and elevated taxes on petroleum products have kept inflation above the upper tolerance band, says Shaktikanta Das
Chitranjan Kumar | December 18, 2020 | Updated 22:30 IST
RBI Governor Shaktikanta Das
Inflation concerns remained primary talking point in the recently concluded Monetary Policy Committee (MPC) meeting with most members expecting it to rise further, posing challenges for monetary policy, reveals the minutes of the meeting released on Friday. The MPC was of the view that inflation may remain elevated, barring temporary relief in the winter months from prices of perishables, which would constrain monetary policy from acting in support of economic growth. ....

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