India, inflation
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Before responding to these questions, it is pertinent to highlight that inflation control by itself is an important objective of monetary policy. High inflation, above a tolerable level, is a regressive consumption tax that affects poorer households more disproportionately than the rich and households whose incomes are hedged.
Progress in the fight to tame pandemic-era inflation appears to have stalled out in October, despite lower prices at the gasoline pump and a moderation in other consumer staples such as groceries. Meanwhile, economists think policies such as import tariffs ...
The Indian Rupee (INR) is exposed to more downside against its major peers as India's retail Consumer Price Index (CPI) growth has cooled further.
Indian bond yields saw a dip in October. The Reserve Bank of India maintained a dovish stance, easing inflation concerns. However, rupee support measures tightened liquidity. Despite this, foreign investors bought bonds.
Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like groceries, economists said. Stream Los Angeles News for free ...