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RBI researchers warn against hasty rate cuts

The State of the Economy report underlines the fact that the objective of aligning inflation with the target on a durable basis is far from assured 

The RBI model pegs retail inflation in FY25 at 4.8 percent and GDP growth at 6 percent, while inflation and growth in FY 24 is forecast to be 5.3 percent and 7.1 percent respectively

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