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Economy

ICICI Bank Global Markets expects another rate cut in December

Updated : October 21, 2019 01:29 PM IST

The October, 2019, Monetary Policy Committee (MPC) minutes could be read as dovish, opening up space for another cut in December, said ICICI Bank Global Markets in its research report.
Expect the MPC to vote for a rate cut in the December policy, at the back of 1) weak growth numbers as well as 2) focus on policy continuity.
ICICI Bank Global Markets expects another rate cut in December
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