With growth steady, policy has to focus 'clearly & unambiguously' on inflation: RBI Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das emphasized the need for monetary policy to unequivocally prioritize inflation control, especially in the current economic environment marked by steady growth. Despite calls for rate cuts to stimulate economic expansion, Das underscored that theoretical concepts like neutral interest rates lack real-world applicability in policy decisions.