Status quo on rates and stance in December monetary policy likely: Upasana Chachra, Morgan Stanley
“Core inflation is tracking at a 43-month low in the last print that we got, tracking at 4.3% and in our forecast we expect it to be largely range-bound. So, we think that the RBI continues to remain on pause. For the upcoming December policy, we expect a status quo on rates and stance. It may continue to sound cautious given that external risk factors are still there.”
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