Fed Rate Cut May Pave Way For RBI To Reduce Rates: Saugata Bhattacharya, Axis Bank
  • WebDesk BTVI
  • Jul 12 2019

Saugata Bhattacharya, VP & Economist, Axis Bank, says if US Fed cuts rates, it will provide room for RBI to cut rates in its monetary policy meet in August. He expects a spike in food prices going forward and average inflation to go much beyond 4.3-4.5% going ahead.