What factors does the RBI's Monetary Policy Committee consider in their bi-monthly meetings

The Reserve Bank of India's Monetary Policy Committee considers several factors in their bi-monthly meetings when making decisions regarding monetary policy. These factors include: 1. Inflation: The committee closely examines the inflation rate and its trajectory to determine if it aligns with the targeted range set by the government. 2. Growth and Output: They assess the current state of the economy and analyze the growth rate and output levels to understand the overall health and stability of the economy. 3. Financial Stability: The committee evaluates the stability of the financial system, including aspects such as banking sector health, liquidity conditions, and credit growth. 4. Global Developments: They consider global economic trends, including commodity prices, exchange rates, and geopolitical factors that may impact the domestic economy. 5. Fiscal Policy: The committee examines the fiscal stance of the government, including its budgetary measures and policies, to understand the potential impact on the economy. 6. Market Expectations: They take into account market sentiments and expectations to gauge the reactions and responses of investors and stakeholders. By considering these factors, the Monetary Policy Committee aims to make informed decisions that promote price stability, growth, and financial stability in the Indian economy.