RBI is likely to continue with an accommodative monetary policy, according to the majority of bankers and economists surveyed by Mint. It will be the first bi-monthly monetary policy of fiscal 2022, and the announcement will be made after a three-day meeting. “We do not see any change in repo rate (the key rate) next week even with an elevated risk of input cost and output price inflation. The majority of economists polled expect RBI to retain the inflation target at around 5.2% levels. Having said that, an increase in the 4% benchmark repo rate can wait for longer in our view," Pranjul Bhandari of HSBC said.

Source: Mint May 30, 2021 18:56 UTC