Ranjan, an official from the Reserve Bank of India: The latest data seems to disrupt the balance between inflation and economic growth; it is necessary to ensure that the slowdown in economic growth in the second quarter is only temporary, and that the economy will recover along the expected path; the average growth rate for the second half of the fiscal year 2024-25 is expected to be around 7%; if the timing and sequence are arranged properly, cleverly combining various policy tools can best address the current challenging situation.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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