Inflation stays high, growth slows, central bankers face a bigger challenge, says RBI Guv Malhotra
RBI Governor Sanjay Malhotra highlighted the challenges faced by central banks due to global uncertainties and supply chain issues. He noted the elevated global inflation and lower growth forecasts impacting monetary policy decisions worldwide. India entered this phase with strong macroeconomic fundamentals, maintaining growth at 7.8% despite rising inflation levels.
The RBI's goal remains to achieve price stability while ensuring financial market order and health.
Read the full report on The Economic Times
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- Business
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- Economy & RBI
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- The Economic Times
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- Friday, 23 October 2026, 1:27 pm IST
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