India Inflation Stays Within RBI Target Band
India's inflation remained stable in July and stayed within the Reserve Bank of India's target band of 2%-6%, reinforcing market expectations that the central bank will maintain its current interest rate policy. This steady inflation performance supports the RBI's decision to pause rate adjustments in the near term.
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India Inflation Stays Within Target Band, Supporting RBI Pause
India's inflation remained stable in July and stayed within the Reserve Bank of India's target band of 2%-6%, reinforcing market expectations that the central bank will maintain its current interest rate policy. This steady inflation performance supports the RBI's decision to pause rate adjustments in the near term.
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