Thursday, July 31, 2014

Bankers split over rate cut

.........“It's a close call for the RBI in August. Weak food inflation in June allows the central bank to give more time for the government's supply-side measures to work. However, headline inflation is still too close to the year-end target to dismiss the prospect of a rate hike. In the end, we think the RBI is likely to pause again in Au gust to get a better sense of the inflation trajectory,“ .............

Read - TOI

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