Prime Minister Modi’s election Budget is unlikely to delay RBI path to rate pause
The inflation-targeting RBI is due to meet Feb. 8 to review policy settings, amid data showing price gains have returned within its 2%-6% target range since November. That’s not the only indicator policymakers will be tracking. The Federal Reserve had just downshifted to a quarter-point rate increase, although Chair Jerome Powell signaled a couple more moves before ending the tightening cycle.
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