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External members of the Monetary Policy Committee suggest reducing policy interest rates due to temporary food shocks and high real interest rates. However, caution is advised as markets are running ahead of policy makers and inflation history suggests challenges in bringing it down. ....
External members of the Monetary Policy Committee suggest reducing policy interest rates due to temporary food shocks and high real interest rates. However, caution is advised as markets are running ahead of policy makers and inflation history suggests challenges in bringing it down. ....
Indian Rupee (INR) trades on a softer note on Tuesday. The Reserve Bank of India (RBI) Governor Shaktikanta Das stated last week that cutting the key policy rate would be premature until the 4% inflation target is achieved on a durable basis. ....