inflation: Stubbornly high inflation is holding back consume

inflation: Stubbornly high inflation is holding back consumer discretionary spending and corporate investments: RBI

There have been clamours for interest rate cuts after RBI paused for five times in a row and following softer inflation prints for September and October. "Such views imperil the conduct of monetary policy in the pursuit of its goal of durably aligning inflation with the target. These views also undermine the foundations of growth," the report said.

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Kolkata , West Bengal , India , Michael Debabrata Patra , , Reserve Bank , September October , November Consumer Price Index , Inflation , Consumption , Growth , Fbi , Economic ,

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