scorecardresearchRBI MPC minutes: Brace for aggressive rate hikes

RBI MPC minutes: Brace for aggressive rate hikes

Updated: 19 May 2022, 04:42 PM IST
TL;DR.
  • Just a month ago in April, RBI said that the rate hikes will be gradually done in a way that does not derail the economic recovery. Now, keeping inflation under control is the top priority of the central bank.
The RBI MPC minutes confirmed that the MPC’s inter-meeting hike was compelled by the surprisingly high March inflation outcome. Photo: Agencies

The RBI MPC minutes confirmed that the MPC’s inter-meeting hike was compelled by the surprisingly high March inflation outcome. Photo: Agencies