{"id":4125,"date":"2023-06-26T16:22:00","date_gmt":"2023-06-26T10:52:00","guid":{"rendered":"http:\/\/13.235.158.174\/hfc\/?p=4125"},"modified":"2024-05-08T16:24:20","modified_gmt":"2024-05-08T10:54:20","slug":"indias-growth-is-resilient-in-the-face-of-a-global-economic-slowdown-outlook-remains-positive-but-risks-persist","status":"publish","type":"post","link":"http:\/\/43.204.86.36\/hi\/indias-growth-is-resilient-in-the-face-of-a-global-economic-slowdown-outlook-remains-positive-but-risks-persist\/","title":{"rendered":"India&#8217;s growth is resilient in the face of a global economic slowdown; outlook remains positive, but risks persist"},"content":{"rendered":"<p>Global economic activity has proved to be resilient in the face of the dampening effects of elevated inflation and large monetary policy tightening. However, given the stickier underlying inflation rates particularly core inflation, we expect the central banks to continue with the hikes in 2023 (and possibly into 2024). In the Indian economy, growth remained impressive in FY23. Looking ahead, even though the pace of growth is expected to moderate, India is likely to remain the fastest growing economy vis-a-vis the rest of the world. Meanwhile, on the policy front, we expect the RBI to keep the policy rate unchanged in the current year unless inflation and more importantly core inflation surprises on the upside (in a durable fashion).<\/p>","protected":false},"excerpt":{"rendered":"<p>Global economic activity has proved to be resilient in the face of the dampening effects of elevated inflation and large monetary policy tightening. However, given the stickier underlying inflation rates particularly core inflation, we expect the central banks to continue with the hikes in 2023 (and possibly into 2024). In the Indian economy, growth remained [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,6],"tags":[],"class_list":["post-4125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-macro-economic-monitor","category-research-reports","macro-economic-monitor","research-reports"],"acf":[],"_links":{"self":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/comments?post=4125"}],"version-history":[{"count":3,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4125\/revisions"}],"predecessor-version":[{"id":4131,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/posts\/4125\/revisions\/4131"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/media\/3973"}],"wp:attachment":[{"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/media?parent=4125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/categories?post=4125"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/43.204.86.36\/hi\/wp-json\/wp\/v2\/tags?post=4125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}