What does RBI’s current monetary policy mean for India’s economy? | In Focus podcast
In Focus by The Hindu
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The Importance of a Rate Cut
The target is 4%, which means the RBI will watch out for, you know, how inflation progresses and if necessary step into act. A status score in the rate is the right thing to do given the pressure from the western world, because Fed was in a hawkish mode. We can't think of a rate cut in the immediate future.
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