Sticky price line weighs on rate roster - 0 views
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Sondos 2 on 13 Apr 11India, Mumbai, April 12: The weak industrial output numbers may have sparked calls for a pause in monetary tightening, but the Reserve Bank of India is unlikely to oblige. Also, a sticky inflation situation may force the RBI to raise key rates for the ninth time in 15 months.... It seems as though India is stuck between raising interest rates and reducing inflation or reducing interest rates for the sake of maintaining and stimulating its economic growth...