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RBI Minutes Show Concern Over Inflation

INDIA CENTRAL BANK
The release of the RBI minutes shows a number of members becoming more concerned over inflation:
  • Goyal says cost-push is still coming from primarily but multiple supply shocks, says signals are mixed, yet clearly crisis level of stimulus is no longer required
    Says future policy will either pause or raise rates.
  • Das mentioned that the RBI should avoid undue disruptions to financial markets, while Saggar added that rates are to stay below neutral rate for the foreseeable future.
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