OECD raises India's FY24 growth forecast a jot to 6%

OECD expects 4.8% inflation in India in FY24, a full percentage point below its previous projection and slower than Reserve Bank of India's forecast of 5.2%. With inflation easing, it predicts RBI will make at most one more small rate hike this calendar year and start lowering rates mid-2024.

from Economy-News-Economic Times https://ift.tt/Laq6OKZ
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