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"Elephant returning to forest": RBI Governor Das hints at inflation reaching 4 per cent target

By Economic Times - 7 months ago
RBI MPC Meeting: The governor hinted at inflation nearing the 4 per cent target, stating, "The elephant in the room was CPI inflation. The elephant has now gone out for a walk and appears to be returning to the forest." These remarks were made during the announcement of decisions from the first bimonthly Monetary Policy Committee (MPC) meeting of FY25.

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