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Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said he doesn't expect any interest-rate cuts this year because inflation is likely to be stickier than those in markets believe
An expected drop in inflation, positive real rates and favourable external balances are some reasons that signal a pivot by the Reserve Bank of India Pankaj Pathak
It seems that the MPC took a calculated gamble to give some relief to the fledgling growth in the economy. This is a deviation from its monetary policy mandate according to which inflation control is supposed to be the priority “while supporting growth”