She said central banks must remain resolute in keeping policies tight and recognize that insufficient monetary tightening now may necessitate even more painful actions down the road IMF’s Gita Gopinath Urges Central Banks To Keep Monetary Policies Tight Over Sizeable Upside Inflation Risks.
Fitch Ratings forecasts India to be one of the fastest-growing Fitch-rated sovereigns globally at 6 per cent in the fiscal year ending March 2024, supported by resilient investment prospects. India s Inflation in 2023-24 Seen Averaging Near RBI s 6% Upper Band: Fitch Ratings.
Inflation in Asia is moderating and the central banks in the region are likely to cut interest rates to support economic growth come the fourth quarter of 2023 (October-December), Morgan Stanley said in a report. Inflation Moderating in Asia, Central Banks May Start Cutting Interest Rates by Q4 2023: Morgan Stanley Report.
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