Tuesday 14 November 2017
Higher CPI, pushes back chances of rate cut by RBI: Rupa Rege, L&T Finance Services
Talking to ET Now, Rupa Rege, L&T Finance Services, says RBI’s hands will be tied because growth figures in USA are quite robust. They have lost the opportunity and now any rate reduction looks difficult. CPI is at a seven-month high but nevertheless, the IIP number was decent.
You can read more here: Higher CPI, pushes back chances of rate cut by RBI: Rupa Rege, L&T Finance Services
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