RBI committed to keep economy on disinflationary course

India Infoline News Service | Mumbai |

If disinflation, adjusting for base effects, is faster than currently anticipated, it will provide headroom for an easing of the policy stance, says RBI

The Reserve Bank remains committed to keeping the economy on a disinflationary course, taking CPI inflation to 8% by January 2015 and 6% by January 2016. If the economy stays on this course, further policy tightening will not be warranted.

On the other hand, if disinflation, adjusting for base effects, is faster than currently anticipated, it will provide headroom for an easing of the policy stance.
 

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