RBI seeks to continue its inflation target regime ...Qatar

The Reserve Bank of India said yesterday that its current inflation targeting regime is effective at containing price-growth and that it recommends the government renew it for another five years. The central bank’s recommendation on flexible inflation targeting, known as FIT, comes after a run of consumer prices above its expected range raised speculation that the government of Prime Minister Narendra Modi would order up a new mechanism to replace the one put in place in 2016. Modi’s administration will likely make a final decision this year. The existing mandate requires the RBI to keep headline inflation at the 4% midpoint of its target range of 2%-6%. While the central bank has managed t

Hence then, the article about rbi seeks to continue its inflation target regime was published today ( Friday 26/02/2021 - 08:45 PM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( RBI seeks to continue its inflation target regime )

Also on site :

• Hollywood mourns loss of beloved makeup artist Jasen Kaplan
• Suspected mountain lion attack in Colorado mountains under investigation
• My Husband Claimed He Was OK With My Extracurricular Sex Activities. My Biggest Mistake Was Believing Him.