RBI MPC meet starts today: Market looks for signs of another rate cut

In the CNBC-TV18 poll of economists and bond dealers, the majority leans slightly towards a pause. Similarly, the channel’s Citizens’ MPC voted by a narrow 3:2 margin in favour of a pause in the upcoming meeting, which begins today (August 4) and concludes on August 6.Reserve Bank of India’s Monetary Policy Committee (RBI MPC) faces a dilemma at its August meeting. There are good reasons to cut the repo rate — and equally strong reasons to wait for more data or avoid a cut all together.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers

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