Shaktikanta Das – Bhartiyanews24x7

MUMBAI: The central bank's projections indicate that inflation will moderate after remaining high in October, RBI governor Shaktikanta Das has said, while cautioning that geopolitical risks and weather events pose potential threats."Sept inflation crossed 5%, and we expect October inflation to be high as well. However, our projections indicate that inflation will begin to moderate after October," said Das during an interaction in Washington on the sidelines of the IMF-World Bank meeting. "Our efforts are not merely to stay within the 2% plus-or-minus band but to align inflation as closely as possible with the 4% target," he said, and added that the headline inflation trajectory is projected to moderate sequentially from the last quarter of this financial year.Das was speaking at 'Macro Wee...

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday warned that a rate cut at this stage would be "premature" and "very, very risky" due to persistently high retail inflation. He noted that future monetary policy decisions will be driven by incoming data and the inflation outlook. Speaking at the India Credit Forum hosted by Bloomberg, Das highlighted that inflation remains elevated. "September inflation was high, and the next print is also expected to remain elevated before moderating," he said, stressing that any rate cut now would be unwise. "When inflation is around 5.5 per cent and expected to stay high, cutting rates would be very risky," he added. Earlier this month, the RBI kept the key repo rate unchanged, citing inflationary concerns, although it shifted its monetary p...

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Inflation will begin to cool off after October, says RBI governor – Times of India

RBI Governor Shaktikanta Das Cautions Against Premature Rate Cut Amid High Inflation