RBI governor Shaktikanta Das: Rate cut now is very risky

Shaktikanta Das, Governor of India's central bank, stated that cutting interest rates now would be risky. He indicated no urgency to follow global policymakers in easing rates. Though inflation is expected to moderate, Das emphasized the need for vigilance. The Reserve Bank of India aims to ensure inflation settles around its 4% target before considering a rate cut.

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