Inflation to ease to 4% in two years after peaking, says RBI Governor

Reserve Bank of India Governor Shaktikanta Das seeks to slow India’s inflation to 4 per cent within two years after hitting its peak in the last few months. 

“Inflation has peaked and price gains are getting anchored,” Das said in an interview with television channel ET Now on Tuesday, adding that the central bank is watching every incoming data and there’s “no room for complacency.”

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate of 2 per