India's central bank chief just dropped updated inflation forecasts: they're now eyeing 2% CPI for fiscal 2026, which is actually a downward revision from the previous 2.6% estimate. Pretty significant shift in their economic outlook.
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FalseProfitProphet
· 17h ago
This move by the Reserve Bank of India to lower inflation expectations... feels like they're paving the way for the upcoming rate cuts. The 2% target sounds pretty aggressive.
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Degentleman
· 17h ago
This move by the Reserve Bank of India is quite aggressive, cutting directly from 2.6% to 2%... However, this also reflects that inflationary pressures are indeed easing, and it seems they are confident about next year's economic outlook.
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RektRecorder
· 17h ago
NGL, this move by India is pretty ruthless—cutting straight from 2.6 to 2%. Are they really optimistic, or did the data just slap them in the face?
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AirdropHunterZhang
· 17h ago
This move by the Reserve Bank of India, cutting from 2.6% to 2%, I just want to ask—is this really reducing inflation or is it just data manipulation?
India's central bank chief just dropped updated inflation forecasts: they're now eyeing 2% CPI for fiscal 2026, which is actually a downward revision from the previous 2.6% estimate. Pretty significant shift in their economic outlook.