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Октябрь
2024

Will the RBI follow the Fed's rate cuts or stick to its guns?

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Shaktikanta Das reiterates the difficulty in achieving the target of 4% inflation and emphasizes that the RBI will focus on domestic factors, not mirroring the US Fed's rate cuts. Despite these clear signals, markets seem unconvinced. Das warned that the last phase of disinflation remains a challenging task for the central bank.