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2024

RBI Guv Das says premature to talk about US recession but will remain vigilant

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Reserve Bank of India (RBI) Governor Shaktikanta Das addressed the media post the Monetary Policy Committee (MPC) meeting, stating the recent US unemployment data should not be interpreted as a signal of recession in the US economy. He emphasized the RBI's vigilance on incoming data from both domestic and international sources to respond to emerging situations effectively.