Saturday, June 2, 2012

Don't hold your breath on an RBI rate cut: Mark Konyn

................In some respects, I think the policy options still remain rather narrow for the RBI. The slowdown that we are seeing is a reversal of that period of excessive growth that generated the overheating in the economy and the subsequent inflation. I certainly wouldn’t be holding my breath waiting for a rate change. I would certainly be looking for more constructive policies coming out of the government......................

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