Need more supply side steps to check prices: RBI governor Shaktikanta Das
Wednesday, 23 August 2023 RBI governor Shaktikanta Das has said there will be a slowdown in vegetable inflation from September, with the July spike correcting in August, led by tomato prices. The governor, however, called for supply side interventions to limit the impact and duration of price shocks.
No Relief In Sight as, Interest Rates , Continue to Rise.
NBC reports that mortgage rates continue to
climb, with the average interest rate on
a 30-year-mortgage rising to 7.48%.
According to Mortgage News Daily,
it is the highest level reached
since November of 2000.
The high cost of a...