RBI Seen Cutting Rate On June 6\, May Turn "Accommodative"

RBI Seen Cutting Rate On June 6, May Turn "Accommodative"

Running at 2.92 per cent annually in April, inflation has stayed below the medium-term target of 4 per cent for the past nine months.

Economy | | Updated: June 04, 2019 08:45 IST
RBI Seen Cutting Rate On June 6, May Turn 'Accommodative'

The RBI's six-member monetary policy committee (MPC) can draw comfort from subdued inflation