India’s rate-cut calls at risk after inflation picks up sharply
- Posted on October 15, 2024
- By Business News Today
- 1 Views
India’s rate-cut calls at risk after inflation picks up sharply
Economists are adjusting their forecasts as India's inflation surged due to higher food prices, with rates now likely to remain unchanged in December. The RBI's neutral stance and concerns over achieving a 4% target inflation level are influencing the expected timeline for potential rate cuts.
