Global GDP growth forecast faces downward revision amid geopolitical tensions
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Global economic growth is likely to see downward revisions as geopolitical tensions escalate, particularly in West Asia. A report by SBI Research indicates that inflationary pressures may intensify, driven by disruptions in energy markets and rising metal prices. This scenario raises concerns about renewed global price instability.
Traders should monitor the upcoming Monetary Policy Committee meeting, as the RBI is expected to hold rates steady amid these uncertainties.
Not investment advice. For informational purposes only.