RBI Governor Shaktikanta Das is expected to make the statement on the MPC’s decision at 10 am.
Reserve Bank of India (RBI) Governor Shaktikanta Das
The Reserve Bank of India (RBI) Governor Shaktikanta Das is set to announce the decision of the six-member Monetary Policy Committee (MPC) on October 8.
The Reserve Bank’s rate-setting panel started its three-day deliberations on the next bi-monthly monetary policy on October 6, amid rising global commodity prices and the need to contain inflation at home.
Read | Five things to note as RBI gears up for Friday policy decision on rates
Das is expected to make the statement on the MPC’s decision at 10 am. A post-policy press conference will be held at 12 pm.
Here is how to watch RBI Governor Shaktikanta Das’ address live:
The RBI Governor’s statement and the press conference can be viewed live on the RBI’s YouTube channel.
Watch out for the Monetary Policy statement of the RBI Governor @DasShaktikanta at 10:00 am on October 08, 2021
Post policy press conference telecast at 12:00 noon on the same day
— ReserveBankOfIndia (@RBI) October 7, 2021
Here’s the Youtube link:
The MPC is likely to remain on pause mode as it awaits more cues from the growth-inflation front.
The general consensus among economists is that the stance will remain ‘accommodative’. However, there may be a change in the forward guidance that indicates gradual normalisation.