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RBI MPC Meet 2024 LIVE: RBI likely to keep repo rate unchanged at 6.5%, to make minor changes in inflation forecast due to easing fuel and cooking gas prices, say economists

RBI MPC Meet 2024 Live Updates: Inflation is likely to increase moderately to 5.2 percent year-on-year (YoY) in March when compared to 5.1 percent in February, wrote the analysts. They forecast 5.2 percent headline inflation for Q1CY24, driven by food inflation. The analysts expect the central bank to take comfort from declining core inflation but remain cautious given upside risks to food inflation from weather shocks, and repricing of the Fed funds rate easing path. ....

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