Central Bank: ‘Food price shocks a risk to anchoring inflation’

Central Bank: ‘Food price shocks a risk to anchoring inflation’

NEW DELHI: The incidences of recurring food price shocks pose a risk to the anchoring of inflation expectations, which has been underway since September 2022 and of which the central bank will remain watchful, RBI governor Shaktikanta Das said on Tuesday.“The role of continued and timely supply-side interventions, as being undertaken by the government, assumes … Read more

RBI committed to bring down inflation to 4%; watchful of price risks: Governor Das

RBI committed to bring down inflation to 4%; watchful of price risks: Governor Das

NEW DELHI: Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank has a commitment to reducing inflation to a target of 4 per cent. Additionally, it will maintain a vigilant stance in monitoring potential risks, particularly as frequent global supply disruptions can significantly impact price management.Shaktikanta Das while delivering a lecture at the … Read more