Economics
India’s RBI Tolerating Faster Inflation Amid Growth Focus
- Retail inflation seen hovering above RBI’s 4% medium-term goal
- RBI cut FY22 growth forecast to 9.5% from 10.5% previously
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Indian monetary policy makers are tolerating inflation rates higher than their 4% medium-term target while they focus resources on an economic rebound.