The others expected no move at the Feb. 4-6 meeting.“The MPC has retained its ‘accommodative’ policy stance, which suggests that this is a pause rather than an end to the loosening cycle,” said Darren Aw, Asia economist at Capital Economics.A firm majority, over 80 percent economists said the RBI will cut rates by end-June, with the median forecast for a 25-basis point trim to 4.90 percent...
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