RBI's desperate catch-up act on inflation will hurt economy - Moneycontrol

It isn’t an exaggeration to say the RBI let loose the inflation genie for too long, in search of a stimulus-led growth. It is now playing catch-up with steep, consecutive rate hikes

The government data on July 12 showed that retail inflation stayed largely unchanged at a high of 7.01 percent in June as against 7.04 percent in May. The June CPI inflation print takes average infla… [+2697 chars]

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