5 reasons for RBI to show restraint3 min read . Updated: 01 Apr 2019, 12:30 AM IST
- Some economists believe headline inflation would move up towards core inflation. So, a 50 bps rate cut would be overkill
- If the central bank keeps rates unchanged on Thursday, markets would see this as pulling a fast one on them
MUMBAI : Trading in interest rate swaps suggests expectations are running high from the next monetary policy meet. Some traders are expecting the monetary policy committee (MPC) to go for a deeper 50 basis points (bps) cut in the repo rate, given the concerns over growth and inflation remaining below target.
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