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Repo rate▼ −46% net tone today
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MPC external members should be appointed full-time, says Chetan Ghate
- Chetan Ghate said external members of the MPC should be appointed full-time
- He said flexible inflation targeting has established a credible nominal anchor
- MPC appointment and coordination proposals matter to Indian rate expectations and interest-sensitive sectors
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MPC internal members must think independently of RBI: Ashima Goyal
- Ashima Goyal says MPC members should think independently of the RBI
- The inflation-targeting band gives the MPC flexibility to look through temporary food inflation
- MPC independence and its approach to food inflation matter to rate-sensitive Indian stocks and banks