 "Inflation to ease to 4.5-4.75% by March: Study")
"With our forecast of consumer price index inflation at 4.5-4.75 per cent for quarter ended March 2017 (lower than RBI's expectation of five per cent) and RBI's lower real rate target of 1.25 per cent, we expect 25-50 bps of rate cuts by March 2017," Morgan Stanley said. Easing food prices is the key factor driving moderation in inflation.
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