Economic Buzz: RBI says recent trade tariff measures have exacerbated uncertainties

The Reserve Bank of India or RBI has stated today in its monetary policy update that the global economic outlook is fast changing. The recent trade tariff related measures have exacerbated uncertainties clouding the economic outlook across regions, posing new headwinds for global growth and inflation. Financial markets have responded through sharp fall in dollar index and equity sell-offs with significant softening in bond yields and crude oil prices.

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