Mumbai: Member of reserve Bank of India‘S monetary policy committee were optimistic about Development at their meeting this month, but are concerned food prices The spiking took place on February 6-8 and minutes of the MPC meeting released on Wednesday show that members are less inclined to suppress demand, but also that they believe in waiting a little longer before reducing rates. We do.
“Inflation is expected to moderate to an average of 4.5% in 2024-25… Food price uncertainty remains a major source of volatility for headline inflation Outlook…Rising geopolitical tensions and supply chain disruptions due to new flashpoints also pose further risks to the inflation outlook,” RBI Governor Shaktikanta Das said at the meeting.