Quote on Monetary Policy expectation by Deepthi Mathew, Geojit Financial Services
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Below is quote on Monetary Policy expectation by Deepthi Mathew, Economist at Geojit Financial Services.
"The MPC would likely continue with the accommodative stance and maintain the rates unchanged as the economy is still in the recovery phase. The fear of the third wave would also force the RBI to continue with the growth-supporting measures. However, the rising inflation rate in the domestic economy is a worry. And, one needs to closely whether there will be an indication of the normalization of monetary policy"
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