RBI Post Monetary Policy Press Conference | While speaking at the post-policy press conference, RBI Governor Shaktikanta Das said that even if US Fed eases repo rate, India may not.
The RBI remarked that inflation is progressing very slowly, likening it to an elephant’s pace. “Elephant is walking very slowly, we would like the elephant to reach the forest and be there. We want inflation to reach its target and stay there, the RBI governor said.
With inflation hovering around 5%, the central bank remains vigilant. Their goal is for inflation to align with the 4% target in a sustainable manner.
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