Discover and read the best of Twitter Threads about #accommodative

Most recents (1)

RBI credit policy on 4thDec raised GDP forecast for FY21,from minus 9.5% to minus 7.5%;GDP growth will turn +ve in Q3 at 0.1%&0.7% in Q4

Remarkable speed of the turnaround amidst worst pandemic in 102yrs has lots to do with @narendramodi govt's blistering pace of Agri #Reforms💪
CPI in Sep&Oct'20 came in at 7.3%&7.6% and that is precisely why RBI did not lower rates&rightfully so

WPI came at 1.32%&1.48% in Sep&Oct 2020

Supply disruptions&labour shortages,key reasons for high CPI

CPI will fall to 6.8% in Dec&5.8% in Jan2021

Accommodative stance by RBI
Inflation target for 1HFY22 by RBI has been kept@4.6-5.2% range

Core inflation is sticky,feeding into high inflationary expectations but resumption of normality will ease supply bottlenecks&ease #Core

#Accommodative stance leaves window open for rate cuts,albeit not immediately
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!