RBI Monetary Policy: Governor Shaktikanta Das projects 5.1% inflation for FY24
RBI Monetary policy: RBI Governor Das pegged the GDP growth at 7.2% and inflation at 5.1% for FY24 on Thursday.
RBI Governor Shaktikanta Das on Thursday hit the pause button for the second consecutive time and decided to keep the repo rate at 6.5%. Further Governor Das added, “Uncertainty on the future course of monetary policy remains as inflation is still high". Headline inflation is easing but rules above target, Das added.