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    HomeNewsOpinionStrong growth momentum, bright outlook keep MPC focused on price stability

    Strong growth momentum, bright outlook keep MPC focused on price stability

    While the MPC can continue with the status quo over the first half of the fiscal year, the timing of the first rate cut and the magnitude of easing will depend upon CPI inflation moving closer to the 4% target on a sustainable basis and MPC’s assessment of the real neutral policy rate

    Gaurav Kapur
    April 05, 2024 / 16:00 IST
    Over the course of the year, if the baseline growth and inflation forecast trajectories materialize, without any significant deviations caused by the risks, then room will open up for the MPC to shift to a neutral stance and cut rates
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