Fixed Income And Currency Market

9 Sept 2020

Inflation, Fiscal Mess, Operation Twist, Auction Devolvement add to Market Fears

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RBI August 2020 policy minutes suggest hawkishness over inflation and possibility of no more rate cuts going forward. Central and state government finances are in a huge fiscal mess and borrowings are set to increase from already high levels.

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Arjun Parthasarathy
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