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Durable alignment with 4% inflation target to re-commence in second half of the year: RBI article

Durable alignment with 4% inflation target to re-commence in second half of the year: RBI article
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Alignment with 4% inflation target may occur in latter part of the year: RBI report | Indiablooms - First Portal on Digital News Management

Mumbai: The Reserve Bank of India's (RBI) latest monthly bulletin, released on Thursday, indicates that achieving a sustained alignment of inflation with the 4 percent target may occur in the latter half of the year.

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RBI may delay plan to ease interest rates

The RBI has raised the benchmark policy rates by 250 basis points (one bps is 0.01 percentage point) since May 2022 as inflation surged way beyond the central bank s 4% target. But inflation is slowly aligning with the target, although concerns remain over the trajectory for food inflation.

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Extreme weather, prolonged geopolitical tensions pose risks to inflation in near-term: RBI article

Food inflation, despite some signs of moderation, remains elevated and a potential source of risk to the disinflation trajectory, the ‘State of the Economy’ article published in the RBI’s March bulletin said.

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RBI Deputy Governor T Rabi Sankar Gets One Year Tenure Extension

RBI Deputy Governor T Rabi Sankar Gets One Year Tenure Extension
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