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Central bank holds rates steady, signals data-dependent path ahead
लेखक Riya Kapoor · 5d ago
Policymakers kept the benchmark rate unchanged for a third straight meeting, citing a delicate balance between cooling inflation and supporting growth.
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The monetary policy committee voted unanimously to hold rates, with the governor noting that the disinflation glide path remains "credible but not yet entrenched."
Forward guidance was trimmed: future decisions will be "data-dependent and meeting-by-meeting." Markets reacted positively, with the benchmark index closing 0.6% higher.
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