RBI Governor reveals inflation dropped to 2.10% - traders who ignore this are missing rate cuts
Key Points
- India's inflation hits a six-year low at 2.10%, sparking whi...
India's inflation just hit 2.10% in June - the lowest level in over six years. For those keeping score at home, that's like finding a parking spot in Mumbai during rush hour: surprisingly good news that doesn't happen often.
RBI Governor Sanjay Malhotra expects inflation to stay below 3.7% for the full year, which has traders wondering if Santa came early this year. When food prices finally stop acting like they're auditioning for a Bollywood drama, even the most pessimistic economists start whispering about rate cuts.
The Rate Cut Whispers Are Getting Louder
Lower inflation typically m...
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