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Published 11 days ago

Interest rates may stay higher than expected in 2024-25: World Bank report

Summary by The Economic Times

World Bank predicts high interest rates in 2024 and 2025 due to stable commodity prices. Geopolitical tensions and US rates influence RBI decisions. Commodity-price spikes pose inflation risks, challenging progress made in reducing inflation over the past two years.

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The Economic Times

Interest rates may stay higher than expected in 2024-25: World Bank report

World Bank predicts high interest rates in 2024 and 2025 due to stable commodity prices. Geopolitical tensions and US rates influence RBI decisions. Commodity-price spikes pose inflation risks, challenging progress made in reducing inflation over the past two years.

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