Rate cut at this stage very premature & risky, says RBI Governor
Fri, Oct 18, 2024 6:53 PM

Rate cut at this stage very premature & risky, says RBI Governor

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India's central bank Governor Shaktikanta Das says an interest rate cut would be "very premature" and risky, citing "significant risks" to the inflation outlook, despite expectations of moderation. The Reserve Bank of India has kept rates unchanged for almost two years, and the timing of easing remains uncertain.

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