RBI governor signals no policy change despite inflation dip
Friday, 13 September 2024
India’s central bank governor Shaktikanta Das signaled no immediate plans to cut interest rates despite recent easing in inflation. Speaking at a forum in Singapore, he stressed the importance of maintaining a target inflation rate of 4%. The Reserve Bank of India has kept interest rates unchanged for over 18 months.
India’s central bank governor Shaktikanta Das signaled no immediate plans to cut interest rates despite recent easing in inflation. Speaking at a forum in Singapore, he stressed the importance of maintaining a target inflation rate of 4%. The Reserve Bank of India has kept interest rates unchanged for over 18 months.
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