RBI MPC meeting: Key indicators to look out for in August 8 policy meetingRBI MPC meeting: Key indicators to look out for in August 8 policy meeting

The Reserve Bank of India (RBI) Governor Shaktikanta Das is scheduled to announce the Monetary Policy on Thursday, August 8 at 10 a.m. (IST). The RBI's monetary policy announcement sets the key benchmark interest rates for the Indian economy. The central bank has kept the rates unchanged at 6.5 per cent for the last 18 months. Global markets have experienced a recent increase in volatility due to the increase in fears in the global markets for a strong potential of the United States economy slipping into recession. The global markets took significant hits, markings in red after the US released the job data at the end of last week.