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2024

Premature to talk about US recession based on one-month data: RBI Governor

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Mumbai (Maharashtra) [India], August 8 (ANI): At the post-monetary policy press briefing, RBI Governor Shaktikanta Das said that GDP growth figures in the US are "doing well" and it was not right to rush to a conclusion that the country was slowly slipping into recession.

"US economy has been doing well. One can't rush to a conclusion based on one month of unemployment data," Das told reporters on being asked how he looke