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Central Bank Focus

India: More Cuts Ahead As Inflation Stays Subdued

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist   Armen Hamazaspyan, Research Analyst  

Easing, liquidity support, and subdued inflation favor India within an EM local currency bond portfolio. The RBI cut its key policy rate by 25 bps to 5.25% and signaled further easing, citing weakness in select economic indicators. The move aligns with our…

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