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Rate cut unlikely even in February, inflation to dip January onwards: SBI research

By Economic Times - 2 days ago
The Reserve Bank of India may not reduce interest rates in February. Inflation is a concern. SBI Research predicts inflation will ease slightly from January. However, this easing will be due to base effects and not lower prices. Food inflation, particularly for vegetables, remains high in many states. SBI Research believes the first rate cut will happen after February 2025.

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