Inflation risks will force RBI to hold rates - News Summed Up

Inflation risks will force RBI to hold rates


The hardness in oil prices, the rise in minimum support price (MSP) fueling inflation, slippage in the fiscal deficit target will all be flagged off by the RBI as risks to inflation." The standing deposit facility (SDF) may be brought in to replace the marginal standing facility (MSF). The standing deposit facility (SDF) may be brought in to replace the marginal standing facility (MSF). "Fears of inflation rising will weigh heavily on the central bank's mind while they keep the rates status quo. However, Bank of America Merril Lynch believes that the inflation risks are overdone and expect a 0.25% cut in December.


Source: dna February 05, 2018 23:26 UTC



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