Shashanka Bhide, a member of the Reserve Bank of India's Monetary Policy Committee (MPC), believes that supply-side price pressures in sectors like oil will require coordinated policy responses. He also mentions that upside risks to inflation will be considered for future policy decisions. Bhide expresses concern about uneven rainfall distribution and its potential impact on inflation.
from Banking/Finance-Industry-Economic Times https://ift.tt/Fl4h7pG
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