News > MPC's minutes reflect discomfort with inflation, changing macro realities, says Emkay

MPC's minutes reflect discomfort with inflation, changing macro realities, says Emkay

The Free Press Journal | 25/04/2022 09:17 PM | Click to read full article

The minutes of the April 2022 monetary policy committee meeting reaffirmed the MPC's reaction function pivot, reflecting its discomfort with inflation amid changing macroeconomic realities, said financial services company Emkay Global Financial Services.

Even though the economic outlook is being impacted by huge global crosscurrents and shifts -- the net impact of which is still hard to gauge, the RBI's rhetoric has moved in a hawkish direction.