Inflation Outlook: Discussion with RBI Governor Shaktikanta Das

 In an insightful conversation, BTTV Managing Editor Siddharth Zarabi engages with RBI Governor Shaktikanta Das to delve into the current inflationary landscape and its potential trajectory for the year 2024. Governor Das provides his assessment, forecasting a continuation of the moderation trend towards a headline inflation target of 4%, with an average inflation expectation of 4.5% for FY25. He highlights the moderation in core inflation, attributing it to monetary policy actions, while expressing caution regarding food inflation due to external risks such as disruptions in the supply chain and climate-related events. Governor Das also discusses the positive outlook for domestic food inflation, particularly regarding the Rabi crop, which is nearly at par with last year's bumper crop. However, he emphasizes the need for vigilant monitoring of external factors and weather-related events to mitigate volatility and uncertainty in food inflation.