New MPC members may have least one favouring a cut, say economists

  • Posted on October 3, 2024
  • By Business News Today
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New MPC members may have least one favouring a cut, say economists

India's new monetary policy committee members might see at least one dissent calling for a rate cut in their upcoming meeting. With the reshuffle, the panel's stance could shift. Saugata Bhattacharya is expected to vote for a rate cut. Economists predict the MPC to maintain current rates but note potential rate cuts in December due to growth and inflation trends.
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