News > RBI’s MPC sees food inflation softening in Q4, warns of external risks
RBI’s MPC sees food inflation softening in Q4, warns of external risks
CNBC TV18 | 20/12/2024 10:05 PM | Click to read full article
The RBI MPC minutes underscore the central bank’s ongoing battle to manage inflation and its commitment to supporting growth. Former RBI governor Shaktikanta Das reiterated that reducing inflation and aligning it with the target is essential for fostering sustainable growth. He stressed that price stability is the biggest support for higher growth, and maintaining a neutral stance is the prudent approach to avoid counterproductive timing.