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Cut-Rate India

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This WSJ editorial says the Indian government will have to do more to increase the growth rate. Rising inflationary pressures at 5% for core inflation are still present, with inflation in food prices running higher at 10%. Which may be the reason after a cut of 0.5%, Reserve Bank of India Governor Subbarao stated this would be all the country should expect for some time.

India- interest rate increases by the central bank in 2011-2014

05/13/2010

Interest rate increases in by India's central bank, the Reserve Bank of India (RBI).

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