BSC policy review: Monetary policy expected to be followed

The monetary policy on December 8 will be followed widely by analysts, as it may reveal the perception of Reserve Bank of India's RBI of a behind the curve fear of central banks, which no longer see inflation as being transitory, and economic uncertainties are rising amid a new variant of coronaviruses. In a Business Standard poll by 16 economists and bond market experts, the consensus emerged of a status quo policy on the repo rate at 4 per cent and accommodative stance on developments that are of interest to the country and the world, and have wider political and economic implications for the country and the world. Our resolve and commitment to these ideals have been strengthened by your encouragement and constant feedback on how to improve our offering. Even during the difficult times arising out of Covid-19, we will continue to keep you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

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