Friday, December 7, 2012

RBI Governor hints at rate cut as growth falters

RBI Governor D. Subbarao with Deputy Governors Subir Gokarn, Arvind Mayaram and K. C. Chakrabarty at the Central Board beeting of RBI in Kolkata on Thursday. Photo:PTI

“We are expecting that inflation will trend down starting the fourth quarter. As we go into our mid-quarter policy on December 18 and the quarterly policy on January 29, we will take into account the growth-inflation trajectory and calibrate our monetary policy accordingly,”

Read - The Hindu

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