1 year, 2 months ago
RBI forecasts retail inflation at 5.4% for 2023-24: Governor Das
Hindustan TimesThe Reserve Bank of India on Friday its retail inflation forecast unchanged and sees it averaging 5.4 per cent in the financial year 2023-24. The Reserve Bank of India its retail inflation forecast unchanged at 5.4 per cent in the financial year 2023-24. Announcing the bi-monthly monetary policy on Friday, RBI governor Shaktikanta Das said the Monetary Policy Committee unanimously decided to keep the repo rate unchanged at 6.5 per cent. The central bank sees inflation falling to its 4% target only by the second quarter of next financial year, it said in a separate report published alongside the monetary policy review.
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