Saturday, June 9, 2012

Why India Should Not Follow China in Cutting Rates

.......Inflation risks are still high. The Reserve Bank of India can risk raising inflation (further) by cutting rates, when prices are (already) at an elevated level,” Taimur Baig, Chief Economist, Global Markets Research at Deutsche Bank wrote in a note titled 'RBI Should Not Be Cutting Rates on June 18, But Would It Anyway?' ..................

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