MPC's 50, bps Rate Cut Boosts Growth, Controls Inflation

  Published 1 year ago

MPC cuts 50 bps to boost demand, lower EMI/NMI, aid middle, income, and MSMEs without inflation risks.

  • 50 bps cut reduces EMI/NMI, boosts income for the middle, income, and MSME sectors.
  • Core CPI at 3.5% for 8 months, no demand, pull inflation signs.
  • Global commodity prices are stable except for gold, according to the World Bank and S&P.

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