The Reserve Bank of India has said that the current inflation target of 2-6% should continue for the next five years as consumers still have expectations of an elevated inflation. The central bank’s statement comes at a time when some commentators have said that it should be more tolerant of inflation in the wake of the economic crisis brought about by the pandemic.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3qZtC1Z
