MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das has said inflation expectations have been anchored after peaking at 7.8% in April 2022. The governor also said that the central bank would like to bring down inflation to within 4% over a time cycle of about two years or so.
In an interview with ET Now, Das said that surveys of economists and households undertaken by the RBI point to expectations getting anchored. “If you look at bond yields, especially on the long end, they reflect the anchoring of inflation expectations,” said Das.
