RBI Researchers Predict Higher Growth and Lower Inflation for 2024-25
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#08f823ce ver:0.34

RBI researchers predict higher growth and lower inflation for FY 2024-25, differing from the forecasts of the Monetary Policy Committee. The RBI may consider a repo rate cut, benefiting industries and loan applicants, but a cautious approach is advised to balance growth and inflation. The decision will be data-driven, with a potential pivot in August or October. Shashanka Bhide emphasizes the need for favorable macroeconomic conditions, achieving the 4% inflation target, and maintaining stable inflation expectations for high growth. #RBI #economy #inflation #growth...

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