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Wednesday, Oct 9, 2024

A risk-averse pivot by RBI

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Geopolitics calls for caution, but are high interest rates justified when inflation is being driven by food prices?
Reserve Bank of India (RBI) Governor Shaktikanta Das greets during a press conference after the Monetary Policy Committee meeting at RBI headquarters in Mumbai, India, Thursday, Aug. 8, 2024. (AP Photo/Rajanish Kakade) (AP)
Reserve Bank of India (RBI) Governor Shaktikanta Das greets during a press conference after the Monetary Policy Committee meeting at RBI headquarters in Mumbai, India, Thursday, Aug. 8, 2024. (AP Photo/Rajanish Kakade) (AP)

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News opinion A risk-averse pivot by RBI