Retail inflation likely to stay elevated in FY23, overshoot RBI’s forecast: IDFC FIRST Bank economist

Upside risks to inflation may prompt the RBI to hike the repo rate by 25 basis points in June and change its stance to ‘neutral,’ says IDFC FIRST Bank’s India economist Gaura Sen Gupta

from Moneycontrol Business News https://www.moneycontrol.com/news/business/retail-inflation-likely-to-stay-elevatedfy23-overshoot-rbi’s-forecast-idfc-first-bank-economist_16290721.html