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Rate cuts not on table: RBI governor Shaktikanta Das
Credit: IndiaTimes- Published on January 19, 2024
RBI governor Shaktikanta Das hints that rates will stay high until 4% inflation goal is met; rate cuts are not being considered. RBI is focused on achieving the target of 4% inflation and strengthening balance sheets of financial institutions. Food price volatility is also a factor affecting inflation.
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