https://www.taxtmi.com/news?id=41288 The central bank tightened monetary policy by raising its benchmark and standing rates, committing to a sustained tight stance until inflation permanently declines. It noted a moderation in the main inflation trend but warned of rising core goods inflation from financial market developments and potential adverse effects from global trade protectionism on commodity prices and capital flows. The move is framed as restoring central bank credibility amid political tension, with observers cautioning that tighter policy and credit limits may slow economic activity and raise unemployment. en-us Thu, 17 Apr 2025 20:01:04 +0530 Thu, 17 Apr 2025 20:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41288 The central bank tightened monetary policy by raising its benchmark and standing rates, committing to a sustained tight stance until inflation permanently declines. It noted a moderation in the main inflation trend but warned of rising core goods inflation from financial market developments and potential adverse effects from global trade protectionism on commodity prices and capital flows. The move is framed as restoring central bank credibility amid political tension, with observers cautioning that tighter policy and credit limits may slow economic activity and raise unemployment. News - Thu, 17 Apr 2025 20:01:04 +0530 https://www.taxtmi.com/news?id=41288