Inflation-Purist MPC Awaits Impact Of Past Rate Hikes Before Taking Further Action
Urjit Patel, governor of the Reserve Bank of India (RBI), centre, speaks during a news conference in Mumbai (Photographer: Dhiraj Singh/Bloomberg)

Inflation-Purist MPC Awaits Impact Of Past Rate Hikes Before Taking Further Action

India’s monetary policy committee’s decision to keep interest rates unchanged at its October meeting was based on lower-than-expected readings of inflation and the need to let the economy adjust to...
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