India's Credit Growth Healthy, Deflation Risks Persist in China: Experts
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#06b87006 ver:0.28
India's credit growth remains healthy, but deflation risks persist in China. The Reserve Bank of India is concerned about the fragile global economy, with inflation stalling and financial stability at risk. The US Federal Reserve is not expected to cut rates immediately, and the global geopolitical situation and climate change are impacting commodity prices. India has the lowest inflation rate among major economies, thanks to the government's efforts. However, India is currently facing food inflation. The US Fed's target of reducing inflation to 2% will be challenging. Diversification of the global supply chain bodes well for India. Credit growth in India is strong, while deflation risks continue in China. The US economy is expected to grow, and the Federal Reserve may cut rates. However, in India, rate cuts may not be initiated due to healthy credit growth and inflation concerns. #India #China #inflation #economy #creditgrowth #deflation #USFed...
#newstr #Rbi #GlobalEconomy #Inflation #CreditGrowth #DeflationRisks #China #UsFederalReserve #InterestRates #India #MorganStanley
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