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Cumulative impact of monetary policy actions still unfolding: RBI guv Das

by Editor April 20, 2023, 1:54 pm 1.3k Views

Business Standard

RBI Governor Shaktikanta Das, in the rate-setting panel meeting earlier this month, opined that the cumulative impact of the monetary policy actions over the last one year is still unfolding and needs to be monitored closely, as per the MPC minutes released on Thursday.

Das, along with the five other members of the Monetary Policy Committee, voted for a pause in rate hike earlier this month.

The central bank, which effected six…

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