Key Policy rate Unchanged & to continue with the Accommodative' Stance Treading on expected lines, the RBI Monetary Policy Committee (MPC) which met on 6 th, 7th and 8th December, 2021 kept the key policy rate unchanged at 4% based on the assessment of the macroeconomic situation and retaining its accommodative stance as long as necessary to revive and sustain growth by keeping inflation within the target going forward. Five members voted in favor of the stance. The MPC has maintained the GDP growth outlook for FY22 at 9.5% whereas the projection for CPI inflation has been revised to 5.1% in Q3FY22 and 5.7 % in Q4FY22. The Indian economy is relatively well positioned and on the path of recovery and has been resilient to global spill overs so far....