Monday, January 7, 2013

Less dovish Federal Reserve is good for India: BofA-ML

A less dovish stance by the US Federal Reserve will serve to benefit the Indian economy, says a new report from Bank of America-Merrill Lynch (BofA-ML). A lower quantitative easing (QE) would help enable the Reserve Bank of India in pulling down interest rates, said Indranil Sen Gupta, of BofA-ML..........

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