Mumbai, May 22 -- Reserve Bank of India or RBI stated in a latest monthly update that global growth continues to face headwinds, with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Though the tariff pause has provided a temporary let off, the global outlook remains fragile. In an uncertain and volatile macro-financial environment, monetary policies have turned cautious with many central banks maintaining status quo or resorting to pre-emptive but measured easing of policy rates to cushion the impact of trade disruptions on growth.
Published by HT Digital Content Services with permission from Capital Market....