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Thursday, August 22, 2024

Food inflation: RBI remains hawkish

RBI's monetary policy committee, chaired by Shaktikanta Das, maintained a hawkish stance against interest rate cuts, diverging from the US Federal Reserve. Despite differing views from some external members, concerns about persistent food inflation and the need to anchor inflation expectations prevailed. New external members joining the next meeting may influence future decisions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XpH8S17

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