Home / Economy / News / Objective of durably aligning inflation with target far from assured

Objective of durably aligning inflation with target far from assured

The target for the central bank is to maintain inflation at 4 per cent, with a band of 2 per cent on either side

Premium

RBI

Manojit Saha Mumbai

4 min read Last Updated : Dec 20 2023 | 11:16 PM IST

Listen to This Article

Dashing hope for any reduction in policy repo rate in the near future, the Reserve Bank of India’s (RBI’s) state of the economy report pointed out that a combination of factors poses a risk to inflation, and as a result, aligning inflation to the 4 per cent target is far from assured.

The target for the central bank is to maintain inflation at 4 per cent, with a band of 2 per cent on either side.

The report said the softer inflation prints for September and October and the prolonged pause in the monetary policy stance have engendered a certain ‘hypermetropia’ among

Topics : RBI India inflation RBI repo rate Consumer Price Index

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in