Inflation to be higher in Oct, eco giving mixed signals: Shaktikanta Das

RBI Governor Shaktikanta Das warns of escalating inflation, projecting October figures to surpass September's 5.49%. Despite mixed economic data, Das maintains a cautious stance on rate cuts, emphasizing a need for sustained observation amidst global uncertainties and commodity price fluctuations.

Nov 7, 2024 - 05:30

Inflation to be higher in Oct, eco giving mixed signals: Shaktikanta Das

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RBI Governor Shaktikanta Das warns of escalating inflation, projecting October figures to surpass September's 5.49%. Despite mixed economic data, Das maintains a cautious stance on rate cuts, emphasizing a need for sustained observation amidst global uncertainties and commodity price fluctuations.