Economics
Dovish RBI Inflation View Pushes Back India Tightening Calls
- Citi, HSBC, Barclays all have delayed rate-hike predictions
- Das says inflation dynamics are different from U.S., Europe
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Economists are pushing back estimates for when India will raise interest rates after Governor Shaktikanta Das lowered inflation and growth forecasts, betting that the central bank can stay focused on spurring economic activity.