June 8, 2023
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11:14Now PlayingReserve Bank of India (RBI) announces monetary policy. RBI keeps repo rate unchanged at 6.5%. RBI governor Shaktikanta Das over repo rate. He said, "We have to be acutely aware that the geopolitical conflict continues unabated and policy normalization globally is far from complete. Headline inflation across countries is on a downward trajectory, but is still high and above the targets. Labour markets, labour markets in many countries are tight and demand is rotating back from goods to services. Hence central banks across the world remain on high alert and watchful of the evolving conditions. Even though many of them have tempered their rate hikes or even taken up pause, financial stability concerns persist in advanced economies."
#rbi #reservebankofindia #shaktikantadas #reporate
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