3 min read.Updated: 26 Jul 2022, 08:33 AM ISTManjul Paul
Can the RBI be as aggressive as it had planned to be when it meets next week?
Five months into the Ukraine war, the tricky inflation-growth dynamic is taking a turn again. Slowing commodity prices look set to cool inflation—but not soon, and certainly not enough. Meanwhile, a recession looms, posing a dilemma for central banks. Can the Reserve Bank of India (RBI) still be as aggressive as it had planned to be when it meets next week?
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