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India's Central Bank Governor assures no imminent rate cuts despite rising inflation concerns.
India's Central Bank Governor, Shaktikanta Das, emphasized that a recent shift to a neutral monetary policy does not imply an imminent interest rate cut.
He highlighted ongoing inflation concerns, which rose from 3.65% to 5.49% due to higher food prices.
Das stated that any rate reduction would only be considered once inflation sustainably reaches the RBI's target of 4%.
He remains confident in the resilience of India’s economy amid global uncertainties.
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El gobernador del Banco Central de la India asegura que no habrá recortes de tasas inminentes a pesar de las crecientes preocupaciones inflacionarias.