No-room for knee-jerk reaction on growth forecast, RBI action: Guv Das

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However, the slowdown has been muted in terms of inflation.  Should food components be removed from inflation?

He added that the RBI will continue to move towards its 4 per cent target for inflation.

Das also addressed the higher-than-expected inflation in September and October, attributing the spike to food prices.

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Category: BusinessFinance

Markets: India

Topics: Cash demand Liquidity Michael Debabrata Patra RBI MPC meeting Inflation impact Q2 GDP growth Manufacturing slowdown Economic growth challenges Monetary policy Tenure extension RBI growth forecasts RBI Governor Shaktikanta Das CRR adjustment

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 13:52:52 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24163942

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