RBI's 4% inflation target doable but hard to keep

Credit Suisse continues to retain its expectation of a 25-basis-points cut by Reserve Bank of India (RBI) in December, said Asia Economist. She was clarifying on a report by the firm’s equity team saying rates could be down even 100 basis points. 

 

On a structural basis there are still pressures on a lot of categories except cereals, while inflation trend below 5 percent on sustainable basis is unlikely there could be a "touch-and-go" dip to about 4 percent for some time.

 

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