Market had spun into speculative frenzy on the Reserve Bank's next move after November inflation showed no signs of better times ahead. According to Robert Prior-Wandesforde of Credit Suisse, the RBI may take a dovish approach and not cut CRR rates in this meet.
He also believes there is less likelihood of any changes in key policy rates. "I don't expect explicit commitment to start cutting rates, but I presume, in the context of those poor real economic numbers, there will be at least a further nod in the direction of dovishness," he believed. Below is the edited transcript of WandesfordeDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
