RBI holds rate for now but warns of future hike

........Even as RBI has taken a pause on the rate front — after hikes in September and October — it has said it could act even on off-policy dates, if inflation does not come down in sync with its assessment. “If food inflation does not soften and significantly bring down headline inflation in the next round of data releases, or if inflation excluding food & fuel does not come down, RBI will act — even on off-policy dates, if warranted — so that inflation expectations stabilise and an environment conducive for sustainable growth takes hold,” ................

Read | Business Standard