Why in news RBI Governor Shaktikanta Das expressed concerns about cutting interest rates , stating it could be "premature" and &...
Why in news
RBI Governor Shaktikanta Das expressed concerns about cutting interest rates, stating it could be "premature" and "very risky" due to high retail inflation levels.
The RBI recently maintained the repo rate while changing its stance to ‘neutral’ but highlighted ongoing inflationary pressures.
Mr. Das noted that September inflation was high, with expectations for future inflation to remain elevated, reinforcing the need for caution regarding rate cuts.
COMMENTS