{"id":33432,"date":"2018-10-30T12:18:53","date_gmt":"2018-10-30T06:48:53","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=33432"},"modified":"2018-10-30T12:18:53","modified_gmt":"2018-10-30T06:48:53","slug":"unwavering-caution-on-rbi-holding-repo-rate","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/unwavering-caution-on-rbi-holding-repo-rate\/","title":{"rendered":"Unwavering caution \u2014 on RBI holding repo rate\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/opinion\/editorial\/unwavering-caution\/article21284624.ece\"><strong>Unwavering caution \u2014 on RBI holding repo rate<\/strong><\/a><strong>\u00a0<\/strong><\/p>\n<p><strong>Context<\/strong><\/p>\n<p>The RBI\u2019s decision to hold rates reflects its expectations of faster inflation<strong>\u00a0<\/strong><\/p>\n<p><strong>Price stability: Main criteria<\/strong><\/p>\n<p>For the Reserve Bank of India there is just one economic indicator that dominates its policymaking calculus: <strong>price stability<\/strong><\/p>\n<p><strong>What has happened?<\/strong><\/p>\n<p>The Monetary Policy Committee (MPC) has opted yet again to keep interest rates unchanged<\/p>\n<p><strong>Rationale<\/strong><\/p>\n<ul>\n<li>Price gains as measured by the Consumer Price Index had accelerated to a seven-month high in October and the RBI\u2019s survey of household expectations for inflation over both the three-month and one-year horizons showed a \u201cfirming up\u201d<\/li>\n<li>Price gains excluding the volatile food and fuel categories are particularly at risk from \u201cthe staggered impact of HRA increases by various State governments\u201d that could push up housing inflation in 2018<strong style=\"font-size: 1rem;\">\u00a0<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Unwavering caution \u2014 on RBI holding repo rate\u00a0 Context The RBI\u2019s decision to hold rates reflects its expectations of faster inflation\u00a0 Price stability: Main criteria For the Reserve Bank of India there is just one economic indicator that dominates its policymaking calculus: price stability What has happened? The Monetary Policy Committee (MPC) has opted yet&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/unwavering-caution-on-rbi-holding-repo-rate\/\">Continue reading <span class=\"screen-reader-text\">Unwavering caution \u2014 on RBI holding repo rate\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-33432","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704111263},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/33432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=33432"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/33432\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=33432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=33432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=33432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}