The real rate is positive and excessive tightening may hurt growth according to majority of external members – Ashima Goyal and Jayanth Varma- of the Reserve Bank’s Monetary Policy Committee who voted for a pause in the policy rate revision.
The real rate is positive and excessive tightening may hurt growth according to majority of external members – Ashima Goyal and Jayanth Varma- of the Reserve Bank’s Monetary Policy Committee who voted for a pause in the policy rate revision.
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