Rajan’s Next India Rate Move Divides Goldman, Morgan Stanley
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It’s becoming harder to read Reserve Bank of India Governor Raghuram Rajan.
His second unscheduled quarter-point reduction in three months on Wednesday left analysts divided over what he’ll do at the next review on April 7. Of 18 economists surveyed by Bloomberg News, eight expect Rajan to keep rates unchanged, seven predict a cut and three say it could go either way.