What Is The Likely Outcome Of RBI Monetary Policy Committee Meeting?

Get ready for the RBI's Monetary Policy Committee meeting outcome on February 8th.Polls Suggest The Reserve Bank of India's Monetary Policy Committee is expected to leave the policy repo rate unchanged at 6.50% for the sixth consecutive meeting. Focus remains on policy stance and efforts to address liquidity shortfalls.RBI Governor Shaktikanta Das last month said inflation was moderating and moving towards the central bank's 4% target and the steadily falling core inflation gave the bank the confidence that its monetary policy was working. Core inflation--which leaves out volatile items of food and fuel--fell to 3.9% in December, the first time in four years that it has fallen below 4%. On the inflation front, the main headache for the rate-setting panel is food inflation, which has remained elevated for the last six months. Food price inflation rose to a four-month high of 9.53% in December.Catch insights from Business Today TV Managing Editor, Siddharth Zarabi, as he discusses with Indranil Pan, Chief Economist, Yes Bank and Sunil Sinha, Director & Principal Economist, India Ratings.