Financial stability could weigh more than macro signals
- Posted on October 6, 2024
- By Business News Today
- 3 Views
Financial stability could weigh more than macro signals
The Reserve Bank of India faces a triple challenge: geopolitical uncertainty in the Middle East, inflation driven by fluctuating farm output, and softening economic growth. As the Monetary Policy Committee convenes, the focus is on liquidity and deposit crunches rather than merely interest rates.
