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It's still pause mode for RBI, World

RBI appears to have pulled off a soft landing, barring any unexpected mishaps. Interest rate futures markets in India predict cuts only at the end of 2024. The Fed, which also appears to be close to executing a soft landing, may cut rates sooner, as the worlds largest economy appears to have softened considerably. Barring an unexpected deceleration, RBI will likely start its rate cuts after the central banks of advanced economies.
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