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India Rate Setters Paused on Benign Inflation, Buoyant Growth

Bloomberg Markets
Friday, February 20, 2026 at 12:31 PM
~4 min read
Inflation

Original Report

India’s monetary policy panel decided at its meeting earlier this month to pause, judging the current interest appropriate and allowing more time for the past cuts to feed through to borrowing costs.

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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