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Wednesday, March 17, 2010

RBI should carefully normalise policy: Ahluwalia

The Reserve Bank of India should consider carefully returning to normal monetary policy, top policy adviser said on Wednesday.

Montek Singh Ahluwalia, deputy chairman of India's Planning Commission, also told that WPI inflation was expected to come down over the next two months.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 09
15:00 FPC Statement 1
16:30 MBA Mortgage Applications 1 20.0% -1.6%
18:30 Fed's Kashkari speech 2
19:30 Wholesale Inventories 1 0.3% 0.3% 0.3%
20:00 EIA Crude Oil Stocks Change 1 2.553M 2.200M 6.165M
22:00 Fed's Barkin speech 2
22:30 10-Year Note Auction 1 4.31%
23:30 FOMC Minutes 3
Thursday, Apr 10
04:31 RICS Housing Price Balance 1 8% 11%
15:30 RBA Governor Bullock speech 3
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