Pantheon Macroeconomics

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5th Jun 2022 22:20Emerging Asia, Daily Monitor, Weekly Monitor

We reckon that the RBI will opt for a smaller-than- expected 25bp hike on Wednesday, to 4.65%...

...Recall that only a minority of the MPC is trigger-happy, and recent policy moves are disinflationary.

The case for an unexpected higher turn in BoT policy has grown since the last meeting in March.

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