Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

[ MUMBAI: Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with the monetary policy … Read more

Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

[ MUMBAI: Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis. According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with the monetary … Read more