RBI to hold rates, may sound confident of reaching inflation target: Report

Q: How long will it take to read this news story?

The story "RBI to hold rates, may sound confident of reaching inflation target: Report" has 371 words across 9 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "RBI to hold rates, may sound confident of reaching inflation target: Report" was covered 4 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 319 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21971938</li><li>URL: https://beamstart.com/news/rbi-to-hold-rates-may-17230508549526</li></ul>

Business Standard Logo Business Standard 4h ago

RBI to hold rates, may sound confident of reaching inflation target: Report - Business Standard

Quick Summary:

"While it's a close call, we also think the policy stance will remain unchanged, even as the RBI sounds more confident than before about getting to its 4 per cent inflation target," it said, listing out the aspects it will watch out for in the document or the resolution.

The Reserve Bank is expected to hold its key rates at the forthcoming policy review, but may sound more confident about reaching its 4 per cent inflation objective, a foreign brokerage said on Wednesday.

The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the monetary policy, HSBC said in the report on the eve of the RBI MPC's decision.