Retail inflation eases to 5-month low
India's retail inflation eases to 5-month low, boosting rate cut hopes
India's retail inflation slowed to a five-month low in January as food price inflation eased, boosting the odds of another rate cut in the South Asian economy where growth is slowing amid the escalating threat of a global trade war.
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
The USD/INR exchange rate has retreated this week, helped by the ongoing interventions by the Reserve Bank of India (RBI). It ...
A sharp decline in inflation will also be welcomed by the Reserve Bank of India, which cut the repo rate by 25 basis points to 6.25% late last week. Fresh winter produce reaching local markets ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
India's central bank cut interest rates on Friday for the first time in nearly five years. Central banks around the world cut interest rates last year. India maintained high rates due to ...
India’s consumer inflation likely declined sharply to a ... by the Reserve Bank of India (RBI), which recently cut the repo rate by 25 basis points to 6.25%. The arrival of fresh winter ...
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