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RBI committed to moderate inflation to mandated 4%, dashing hope of a rate cut

By Economic Times - 2 days ago
RBI Governor Shaktikanta Das stated that the central bank is committed to achieving the 4% inflation target. He emphasized that macroeconomic stability is a shared responsibility of the central bank and the government. Das highlighted the importance of price stability for sustained growth. He acknowledged the challenges faced by the global economy and the need for careful policymaking.

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