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Chief Economic Advisor Makes Case For RBI Rate Cut

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  • Published On: July 13, 2017
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Consumer inflation hitting a record low of 1.54 per cent in June has bolstered hoped of a rate cut from the Reserve Bank of India in its August policy meet. Nudging the RBI, Chief Economic Advisor Arvind Subramanian said policymakers "will reflect" on this historically low inflation data "very very carefully".
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