RBI should continue with rate pause, says CII chief
Business Standard|June 02, 2023
The Reserve Bank of India (RBI) should continue with a pause in the key repo rate and change its stance to neutral, Confederation of Indian Industry (CII) President R Dinesh said on Thursday.
NIKESH SINGH
RBI should continue with rate pause, says CII chief

This is warranted given the fast moderation in inflation falling to 5.3 per cent - within the RBI's target range of 4-6 per cent-in FY24, Dinesh said in his first press conference as the CII chief.

His recommendations come a week before the RBI's Monetary Policy Committee review meeting slated for June 6-8. Inflation in April had slipped to an 18-month low of 4.7 per cent, inching closer to the 4 per cent target.

この記事は Business Standard の June 02, 2023 版に掲載されています。

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この記事は Business Standard の June 02, 2023 版に掲載されています。

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