Monetary policy Archives - National Times

07 Oct

RBI Hikes Benchmark Repo Rate to 5.5% Amid Rising Inflation Concerns

Gurpreet Singh0 CommentsPunjabEconomy, inflation, interest rate, Monetary policy, RBI, Repo Rate, Sanjay Malhotra

New Delhi (Gurpreet Singh): The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.5 per cent on Wednesday, implementing its first borrowing cost increase in nearly four years as inflationary pressures mount against the backdrop of steady domestic expansion. Following the conclusion of its three-day bi-monthly review, the six-member Monetary Policy Committee voted to lift the policy rate from 5.25 per cent and adjusted its official stance from neutral to calibrated tightening. The decision directly impacts floating-rate retail borrowing, signalling an uptick in equated monthly instalments on home and personal loans while aiming to…

Bank of Canada Announces Departure of Deputy Governors Toni Gravelle and Sharon Kozicki

Rajeev Sharma0 CommentsCanadaBank Of Canada, Governing Council, Monetary policy, retirement, Sharon Kozicki, Tiff Macklem, Toni Gravelle

Ottawa (Rajeev Sharma): The Bank of Canada announced on Monday, March 23, 2026, that Deputy Governors Toni Gravelle and Sharon Kozicki will be departing from their roles later this year. The central bank confirmed that both veteran policymakers have decided to retire after distinguished careers in public service and central banking. Toni Gravelle, who has overseen the Bank’s financial markets activities, will retire effective July 31, 2026. Sharon Kozicki, a key figure in monetary policy design and the first woman appointed as a Deputy Governor in over six years when she joined the Governing Council in 2021, will step down…

Bank of Canada Warns Potential Rate Hikes May Be Necessary Despite Weak Economic Growth

Rajeev Sharma0 CommentsBusiness, CanadaBank Of Canada, inflation, Interest rates, Monetary policy, Rate hikes, Reuters, Sharon Kozicki, Supply shocks

Ottawa (Rajeev Sharma): The Bank of Canada has issued a cautious warning that interest rate increases may occasionally be required even during periods of economic stagnation, as the country prepares for significant structural shifts and potential global supply shocks. Speaking in Norway on Monday, March 2, 2026, Deputy Governor Sharon Kozicki addressed the "difficult trade-off" that central banks face when inflationary pressures are driven by supply-side disruptions rather than domestic demand. She noted that while it might seem counterintuitive to tighten monetary policy during a weak economy, such restraint is essential to prevent inflation from becoming persistent. Kozicki identified several…