Low inflation justifies at least a couple of cuts this year: Jan Dehn

In a Q&A, head of research at Ashmore Investment Mgt says he's bullish about FII inflows to India

The market is not paying too much attention to the outcome of the ongoing assembly elections right now, which is always dangerous, says Jan Dehn, head of research at UK-based Ashmore Investment Management in a conversation with Puneet Wadhwa. Edited excerpts:

The Reserve Bank of India (RBI) maintained status quo in its policy review on Wednesday. How many rate cuts do you expect from the central bank going ahead?
Low inflation justifies at least a couple of cuts this year. Fiscal conservatism reduces the risks associated with cutting. The rupee should receive support from a weaker US dollar (USD) over the