Mumbai, February 22
The Reserve Bank of India's job to bring down inflation is not over, and any premature move on the policy front could undermine the success achieved so far on the price situation, according to RBI Governor Shaktikanta Das.
According to the minutes of the February Monetary Policy Committee (MPC) meeting released by the central bank on Thursday, Das had said “as markets are front-running central banks in anticipation of policy pivots, any premature move may undermine the success achieved so far”.
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