Experts certain of monetary policy pause: BS Poll

by Nidhi Bhati

All 10 economists and market experts that Business Standard polled are certain of monetary policy pause on 7 April 2021. According to economists, there would be a hold on policy rate actions, while the stance would remain accommodative. The bond market is also not expecting any change in rate or stance. Economists opine that the policy could largely be a continuation of assurances to the bond market about ample liquidity.