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Top India forecaster expects rate pause
Published Tue, Feb 7, 2017 · 09:50 PM
Mumbai
THE most-accurate forecaster for interest rates sees Indian authorities refraining from easing monetary policy on Wednesday, even as the consensus calls for borrowing costs to be cut from a six-year low.
A rate reduction would not serve the oil-importing nation well when rising commodity prices risk stoking inflation and uncertainty around US policies threatens to unsettle the rupee's calm, according to Mole Hau, a Hong…
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