RBI To Hold Rates As Inflation Rises, Even In Recession: Poll

The Reserve Bank of India will keep rates on hold until early next year in a delicate balancing act between curbing high inflation and lifting the economy from its worst recession on record, a Reuters poll of economists showed. August inflation, at 6.69 per cent, held above the top end of the RBI’s medium-term target […] The post RBI To Hold Rates As Inflation Rises, Even In Recess