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India's inflation shock adds pressure on central bank
Original: India’s inflation shock adds pressure on central bank
India has reported an unexpected surge in inflation, complicating the policy outlook for the Reserve Bank of India. The surprise reading raises questions about whether the central bank will keep interest rates higher for longer, and analysts say it adds pressure on policymakers already balancing growth concerns against price stability.
Why now: Fresh inflation data surprised markets and put the Reserve Bank of India's next policy moves in doubt.
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- India’s inflation shock adds pressure on central bank · realeconomy.rsmus.com
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