“Fuel price deflation will also gradually fade and ... one on Thursday and another in March, taking the repo rate to 7.25% and the prime rate to 10.75%. They say this aligns with the November ...

Deflation occurs when the inflation rate falls below zero, and prices generally decline throughout an economy. Disinflation is what happens when the inflation rate falls but remains positive.

While near-term deflation may be unlikely, massive rate hikes still pose some serious risks. Rising interest rates combat inflation by encouraging companies to cut expenses, but it's often at the ...