The New Indian Express on Nostr: Inflation horse back in stable, but RBI prefers to wait again ========== RBI keeps ...
Inflation horse back in stable, but RBI prefers to wait again
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RBI keeps repo rate unchanged at 6.5% for the tenth consecutive time; Monetary Policy Committee (MPC) adopts a neutral stance; Governor Shaktikanta Das emphasizes caution despite headline inflation falling below 4% for two months; Global monetary easing led by US Federal Reserve's 50 bps cut; Food inflation remains a concern, easing to 5.6%; Growth forecast for FY25 remains at 7.2%, with quarterly estimates adjusted; Q2 inflation projected at 4.1%, Q3 and Q4 at 4.8% and 4.2% respectively; Real GDP growth for Q1 FY26 projected at 7.3%; Agriculture growth at 2%, industrial sector mixed; Private investment reaches highest GDP share since FY14; Market anticipates potential rate cut in December, but Das maintains a hawkish stance.
#Rbi #Inflation #MonetaryPolicy #ShaktikantaDas #InterestRates #GdpGrowth #FoodInflation #EconomicForecast #India #Mpc
https://www.newindianexpress.com/web-only/2024/Oct/09/inflation-horse-back-in-stable-but-rbi-prefers-to-wait-again
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RBI keeps repo rate unchanged at 6.5% for the tenth consecutive time; Monetary Policy Committee (MPC) adopts a neutral stance; Governor Shaktikanta Das emphasizes caution despite headline inflation falling below 4% for two months; Global monetary easing led by US Federal Reserve's 50 bps cut; Food inflation remains a concern, easing to 5.6%; Growth forecast for FY25 remains at 7.2%, with quarterly estimates adjusted; Q2 inflation projected at 4.1%, Q3 and Q4 at 4.8% and 4.2% respectively; Real GDP growth for Q1 FY26 projected at 7.3%; Agriculture growth at 2%, industrial sector mixed; Private investment reaches highest GDP share since FY14; Market anticipates potential rate cut in December, but Das maintains a hawkish stance.
#Rbi #Inflation #MonetaryPolicy #ShaktikantaDas #InterestRates #GdpGrowth #FoodInflation #EconomicForecast #India #Mpc
https://www.newindianexpress.com/web-only/2024/Oct/09/inflation-horse-back-in-stable-but-rbi-prefers-to-wait-again