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Will RBI announce a rate cut? MPC meet date, time, and what to expect

The article from Business Standard discusses the upcoming Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI), scheduled for December 6-8, 2024. It highlights the anticipation around whether the RBI will announce a rate cut, given the current economic conditions. The article notes that while inflation has been moderating, it remains above the RBI's target, suggesting that a rate cut might not be forthcoming. Analysts expect the repo rate to remain unchanged at 6.5%, with the focus likely on liquidity management and possibly tweaking macroprudential measures. The MPC's decision will be closely watched for any signals on future monetary policy direction, especially in light of global economic trends and domestic growth concerns. The article also mentions that the RBI might provide guidance on inflation forecasts and economic growth projections for the upcoming fiscal year.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/finance/news/will-rbi-announce-a-rate-cut-mpc-meet-date-time-and-what-to-expect-124120300309_1.html ]