@article {article1173, title = {'Policy stance has entered the neutral zone'}, author = {Himadri Bhattacharya}, journal = {Foundation of The Billion Press}, date = 2017-10-04, year = 2017, url = https://www.thebillionpress.org/columns/economy/policy-stance-has-entered-neutral-zone-1173, Abstract = {MPC's decision to maintain status quo is a reflection of its mandate to steer the inflation trajectory closer to 4%. The easing cycle that began in January, 2015 has possibly come to an end with the cumulative lowering of the repo rate by 200 basis points. The policy stance has entered neutral zone.} }