MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth Varma

April 20, 2023

Two inflationary risks have come to the fore since the February meeting. The first risk emanates from the announcement of an output cut by OPEC+ during the weekend just before the MPC meeting. The second risk relates to the monsoon, said Jayanth Varma.

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