India, others stand pat to balance growth with El Nino, Mideast price risks

Rising energy prices and abnormal weather patterns have been adding to inflationary pressures globally, including in Indonesia. © Reuters
SORA KITAJIMA
September 30, 2026 02:57 JST
TOKYO — Central banks in emerging economies are grappling with how best to respond to inflation, with some holding off on rate hikes out of concern over an economic slowdown.