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Decoding Raghuram Rajan's policy: Why RBI did not cut rates this time

10 years ago

Will Rajan cut rates this year? The answer is simple. If indeed inflation eases sustainably over the next few months, interest rates are sure to come down. This could happen as early as in next policy review, else RBI will be on hold mode till it happens. The key word is how Rajan assesses the sustainability factor.<br />

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