Home Economy RBI’s MPC faces global uncertainty, weighing inflation targets against financial instability risks
RBI’s MPC faces global uncertainty, weighing inflation targets against financial instability risks
The Reserve Bank of India's Monetary Policy Committee has cut the repo rate by a quarter point to 6.25% amid global uncertainties introduced by US President Trump. Governor Malhotra emphasized concerns over global trade instability and potential tariff wars impacting growth and inflation. The neutral stance reflects caution amid India's depreciating rupee and volatile financial markets.
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