RBI Monetary Policy Committee Meet Live: When, Where & How to Watch Shaktikanta Das Address

RBI MPC April 2023 Meeting: The meeting of the Monetary Policy Committee of RBI will end on Thursday morning and the decision will be announced by RBI Governor Shaktikanta Das. The RBI governor will present the latest monetary policy statement on Thursday, April 6, at 10 am, which will include decisions on repo rate hike, reverse repo rate, etc. He will also talk about the current domestic as well as global economic situation.

RBI MPC Meet Live Updates: Will RBI Governor Shaktikanta Das hike interest rate by 25 bps? Read more

After the announcement of the policy, he will also address a press conference which will be telecast on Thursday at 12 noon.

The RBI is responsible for ensuring that the retail inflation rate remains within a range of four per cent with a margin of +/- two per cent. However, for three consecutive quarters from January 2022, the inflation rate has exceeded six per cent. To address this issue, the Monetary Policy Committee (MPC) has been convened. The committee consists of three RBI officials and three external members appointed by the central government.

Here’s how to watch RBI’s monetary policy decisions live today

youtube: You can watch the live address of RBI Governor Shaktikanta Das on youtube in the given link.

See here:

Facebook: The address will be streamed simultaneously on the Facebook page of the Reserve Bank of India.

Twitter: RBI Governor Shaktikanta Das’ address to the nation will also be streamed on the official Twitter handle of the Central Bank @RBI,

what to expect?

Experts believe that the central bank will hike the key policy rate (repo) by 25 basis points. The RBI has increased the repo rate six times so far, including an off-cycle surprise hike of 40 basis points in May last year.

The two key factors the committee is expected to consider while firming up the next monetary policy are a rise in retail inflation and recent monetary policy measures by developed countries’ central banks, particularly the US Federal Reserve, the European Central Bank and the Bank of England. Action taken in

“Given that CPI inflation has been 6.5% and 6.4% in the last two months and that liquidity is neutral now, we can expect the RBI to once again hike rates by 25 bps and perhaps to signal that Will change the stance to neutral that the cycle is over,” Madan Sabnavis, Chief Economist, Bank of Baroda had said recently.

The MPC consists of three RBI officers and three external members appointed by the central government.

The external members are Shashank Bhide (Honorary Senior Advisor, National Council of Applied Economic Research, Delhi); Ashima Goel (Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai); and Jayant R. Verma (Professor, Indian Institute of Management, Ahmedabad).

Disclaimer:Disclaimer: The views and investment tips given by the experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decision.

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