Reaction Quote on CPI data by Raghvendra Nath, MD, Ladderup Wealth Management
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on today’s CPI inflation data announcement by Raghvendra Nath, Managing Director, Ladderup Wealth Management Private Limited
“The Consumer Price Index (CPI) has experienced a decline attributed to the moderation in food inflation. In December 2023, a surge in prices occurred due to irregular monsoons; however, there has been a positive trend in subsequent months, marked by notable reductions in prices of vegetables, fruits, and pulses. Should this trajectory persist, the Reserve Bank of India (RBI) may find increased confidence in implementing rate cuts, particularly in alignment with similar actions by the Federal Reserve.”
Above views are of the author and not of the website kindly read disclaimer
More News
RBI MPC reaction : While the RBI did sound a note of optimism in terms of what the future ho...
