India 4% inflation focus may not signal 'higher for longer' rates -MPC's Varma, Goyal
India's monetary policy committee (MPC) has reinforced the 4% retail inflation target, indicating that inflation is now within the desired range of 2%-6%. However, this does not necessarily mean that interest rates will remain higher for longer. The focus now shifts to bringing inflation down to the target level, with the eventual goal being 4%.
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