Retail inflation rises to 1.33% in Dec

THE RBI HAD, in its December monetary policy meeting, cut the inflation target for 2025-26 to 2% from 2.6% forecast earlier and delivered a 25 basis points cut in reporate to 5.25%.

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Many analysts expect another 25 bps rate cut in February policy review, which they feel may be the last in the current easing cycle. Core inflation, however, jumped to a 28-month high of 4.6% in December, due to the firming up of prices of precious metal, mainly gold. Core CPI, excluding gold and silv