Over the last couple of years, the central bank has not cut rates significantly for a wide variety of reasons. Even though core inflation (non-food manufacturing inflation) started softening a while ago, the central bank held on to rates as both fiscal and current account deficits along with consumer price inflation stayed above its comfort zone. Now, it seems that the central bank will have little reason to justify its hawkish stance on rates.......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment