%A Usha Thorat
%T No rate cut but growth outlook lowered 
%! No rate cut but growth outlook lowered 
%X As inflation had increased by two percentage points since the last policy -although below the target of four per cent –no one seriously expected the inflation targeting MPC to recommend any rate cut. In line with this expectation, RBI kept the repos rate at the existing level of six per cent.
%U https://www.thebillionpress.org/columns/economy/no-rate-cut-growth-outlook-lowered-1172