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Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensions

Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensions
Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensionsThe RBI cautioned about potential second-round effects from the West Asia conflict, where supply shocks could morph into demand pressures. Persistent geopolitical tensions and rising energy costs are creating global macroeconomic uncertainty, necessitating continuous assessment of inflation and growth risks.

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