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Rate cuts not on table: RBI governor Shaktikanta Das

India Business News: RBI governor Shaktikanta Das hints that rates will stay high until 4% inflation goal is met; rate cuts are not being considered. RBI is focused on ach

Vulnerability to climate change making food inflation structural: RBI economists

Vulnerability to climate change making food inflation structural: RBI economists
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Vulnerability to climate change making food inflation structural: RBI economists

"Per contra, if monetary policy chooses to neglect a persistent food price shock, inflation expectations become unanchored, leading to generalised inflation," wrote Deputy Governor Michael Patra along with central bank economists Joice John and Asish Thomas George in the RBI s January Bulletin. The views expressed are personal.

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