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RBI maintains 6.5% rates, warns of potential inflation due to food price shocks
source link: https://nextbigwhat.com/rbi-maintains-6-5-rates-warns-of-potential-inflation-due-to-food-price-shocks/
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Home RBI maintains 6.5% rates, warns of potential inflation due to food price shocks
RBI maintains 6.5% rates, warns of potential inflation due to food price shocks
- RBI Governor Shaktikanta Das warns that persistent high food prices could lead to general inflation.
- The central bank’s policy remains focused on curbing money supply to control inflationary pressure.
- Despite a declining outlook for core inflation, risks remain due to potential higher food prices and global economic slowdown.
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