When will RBI lower interest rates?

.....The finance minister has already spoken of ‘calibrated risk’, i.e. lower interest rates, amongst other things, to revive growth. But the RBI is on record to say “…as the multiple constraints to growth are addressed” - a euphemism for government action – it will “suitably adjust its monetary policy stance”. Assuming the government does ‘something’ over the next two weeks, will monetary action follow suit?.....

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