✉news BusinessEconomy first seen 11 h ago, last 1 h ago, peak #2
India's inflation shock adds pressure on central bank
Original: India’s inflation shock adds pressure on central bank
India has reported an unexpected jump in inflation, according to an analysis by RSM US economists. The surprise reading raises the stakes for the Reserve Bank of India, which now faces mounting pressure to respond, potentially keeping interest rates higher for longer and complicating its growth-support policies.
Why now: Fresh inflation data surprised forecasters, prompting debate over how the Reserve Bank of India will react at upcoming policy decisions.
IndiaReserve Bank of IndiaRSM US
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- India’s inflation shock adds pressure on central bank · realeconomy.rsmus.com
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