WORD PLAY On RBI’s MPC Minutes

CategoriesArticles

Key words & how many times they appear in April and February MPC minutes. For the record, the repo rate (4%) remains unchanged but the reverse repo rate (3.35%) has been made redundant by introducing SDF (3.75%) to drain excess liquidity daily. The stance remains accommodative but the Reserve Bank has committed to withdraw accommodation over a period of time. Finally, fighting inflation is now up on RBI’s agenda, ahead of ensuring growth.

Here are the key words and how many times they are used:

April

Uncertainty 9

Risks 15

Inflation 124

Growth 67

Crude oil 7

Demand 20

Supply 37

Stance 6

WAR 10

February

Uncertainty 8

Risks 12

Inflation 114

Growth 63

Crude oil 6

Demand 32

Supply 30

Stance 11

WAR 0

So, what has changed? Look at the last word. It says all.

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *