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Rates unchanged for eight consecutive times and cuts pushed to much later in the year. now, while inflation has eased, it was still 4.83% in april, mostly driven by stubbornly high prices of cereals, spices and vegetables. keeping inflation higher than rbi�*s stated target of 4%, which is needed to pivot to a rate cut. and the rbi doesnt have compulsions, too, like other global central banks, such as in europe and canada, that are dealing with slower economic growth and have moved on to cut ra...
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