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Bloomberg Quint

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Image Credit: Bloomberg Quint

RBI Policy Preview: Next Rate Cut Could Be On The Anvil

  • The Reserve Bank of India's Monetary Policy Committee is expected to cut the benchmark lending rate in April.
  • All economists polled by Bloomberg expect the MPC to cut the rate, at least by 25 basis points.
  • India's consumer price index-based inflation moderated to 3.61% in February from 4.26% in January.
  • Bond market participants anticipate the trend to continue amidst expectations of the next rate cut.

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