bullish

India: Easing Inflation Will Oblige RBI to Cut Policy Rates in the Next Half Year

227 Views28 Feb 2021 22:08
Nominal GDP was up 5.3%YoY in Oct-Dec 2020, although real GDP rose only 1%YoY. But CPI inflation will likely be below 3%YoY by June, forcing a 50bp rate cut by Sep21 that will spur a GDP surge in 2021
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