Pantheon Macroeconomics

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8th Oct 2024 18:00Emerging AsiaDaily Monitor

  • The RBI held its repo rate at 6.50% yesterday, but finally shifted its stance to “neutral”.
  • Its still-optimistic GDP outlook implies it will be easy to justify a December cut, when Q3 growth falls flat.
  • The outlook for food inflation—both short- and long-term—is improving, despite isolated shocks.

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Keywords for: 10 October 2024 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence