EconomyIndia’s central bank holds rates, awaits clearer inflation signal before acting
The Reserve Bank of India kept its benchmark repo rate unchanged at 5.25% on Wednesday. Policymakers are waiting for stronger evidence about whether rising oil prices are feeding into broader inflationary pressures. The decision leaves the rate steady while officials seek a clearer signal before taking further action. The issue is being watched in Asia’s third-largest economy.
India’s central bank holds rates, awaits clearer inflation signal before acting
