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📊 Reserve Bank of India (RBI) raises FY27 inflation forecast to 5.2%, with the three-quarter average seen at 5.8%. 🏦 Repo rate rises 25 bps to 5.50%, while the policy stance shifts to “Calibrated Tightening”. ✍️ Gareema Bangad reports on the RBI’s inflation outlook and policy decision. 🔗 https://lnkd.in/gMXFvpVW…
RBI Inflation Forecast: The Reserve Bank of India has raised its FY27 inflation forecast to 5.2%, indicating broader price pressures across food and commodities. Key factors include supply side issues and rising core inflation, leading to a policy rate hike.
RBI raises FY27 inflation forecast to 5.1% and hikes repo rate to 5.5% amid higher crude oil prices and rising costs.