India monetary policy to remain disinflationary, says RBI chief
Thursday, 18 January 2024
RBI governor Shaktikant Das said that India's monetary policy must remain actively disinflationary as the inflation rate still remains close to the upper limit of 6% at 5.5%. The longest serving RBI governor since 1991 acknowledged the recent fall in inflation rates but said that the headline number remains the target for the committee. He expects January inflation to moderate.
RBI governor Shaktikant Das said that India's monetary policy must remain actively disinflationary as the inflation rate still remains close to the upper limit of 6% at 5.5%. The longest serving RBI governor since 1991 acknowledged the recent fall in inflation rates but said that the headline number remains the target for the committee. He expects January inflation to moderate.
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