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Guest Columnist
Guest Columnist
With FY25-26 CPI inflation likely to average at 2.1 per cent Year-on-Year and FY26-27 CPI inflation to still average below the 4.0 per cent target, the question of 'space' is still easy to answer
An 'accommodative' stance effectively means that, absent any further shocks, the MPC is considering only two options - rate cut or a pause