3 min read.Updated: 08 Feb 2019, 12:58 AM ISTB. Prasanna
The inflation trajectory and neutral stance open up room for further accommodation
The first monetary policy of 2019 was also the first by the new governor at the helm of the Reserve Bank of India (RBI). The policy came against the backdrop of a supportive and benign global rate environment, as growing concerns about a broad-based global growth slowdown had piloted all central banks, including the US Federal Reserve, to suddenly shift towards a dovish leaning.
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