RBI Paper Reveals How Rate Hikes Since May ’22 Helped Slash Inflation By 1.60%
The next bi-monthly monetary policy will be announced on December 6. Earlier this month, the RBI continued to maintain the status quo in the short-term lending interest rate The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper by senior … Read more
