SBI emphasizes inflation control over growth in RBI policy
pre-market1 source ↓written by the desknot a recommendation
SBI Research highlights the need for prioritizing inflation anchoring in India's monetary policy amid rising inflation expectations and external shocks. The report warns that excessive gradualism could unanchor inflation expectations, urging policymakers to ensure orderly exchange rate movement to maintain stability. This approach is crucial given the current geopolitical tensions affecting the economy.
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