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Emerging Asia Economics Update

Emerging Asia Economics Update

Misplaced optimism in India

India’s central bank seems remarkably sanguine about the economic outlook given that even the country’s more optimistic firms are struggling to raise funds for investment and the next government will face severe fiscal constraints. Interest rates still have further to fall after today’s cuts.

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This article is tagged with the following subjects: Emerging Asia and Australasia, India, Macro-economics, Monetary policy
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