Recent Events
Twenty-Fourth EGROW Shadow MPC Meeting
24-Sep-2022
ASSOCHAM & EGROW 23rd SMPC on Aug 1, 2022
▸ Recording of the Event
Key Takeaways
- Growth has been impacted by Russia-Ukraine war
- Post Covid supply chain disruptions may last longer than current year.
- Real Interest Rate differentials with the USA need to be taken into account
- Foreign Exchange Intervention may not help in support of the rupee
- Policy Rate hikes in the USA are being reconsidered
- US recession can reduce India’s growth by 100 bps
- Too much global uncertainty, which can result in USD getting further strong
