We are transitioning to a more robust global economy: Chetan Ahya—सविस्तर माहितीसाठी Business Standard मधील बातमी वाचावी.

Chetan Ahya, global co-head of economics and chief Asia economist at Morgan Stanley, the global financial services entity, says global recovery will be on a sure footing. In an interview with Anup Roy, Ahya says there is good news for Indian and regional exports. Edited excerpts:

What is your expectation from the Reserve Bank of India’s policy review?

We are not expecting RBI to change the policy rate or stance. They might reduce their concerns on the inflation outlook, which probably could be interpreted as a bit more dovish by the market. We are expecting RBI to get back on the rate hike path in the second half of 2018. Until then, they might hold rates steady.

We are expecting inflation to go up to the 4.5-5 per cent range by end-December. That doesn’t really warrant a rate cut now. As you see the normalisation of the inflation trend in the background, you will see pick-up in growth and demand. We expect gross domestic product (GDP) growth to accelerate back to about eight per cent (yearly) soon.

via We are transitioning to a more robust global economy: Chetan Ahya | Business Standard News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s