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India: Stagflation Dilemma? (II)
- A 25 basis points interest rate reduction is now much likelier in next month’s meeting, because the premise for the bank’s earlier reluctance, that “the headroom for further monetary easing remain(ed) quite limited” has become questionable and the economy is still undeniably weak.
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Research Studies
Economic Studies Series #76
Traditional Tools, New Tools, No New Tools? economic-studies-series-76-traditional-tools-new-tools-no-new-tools-12-1-16
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