Need steep rate cuts if policy easing delayed, says MPC external member Goyal
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Need steep rate cuts if policy easing delayed, says MPC external member Goyal

If the Monetary Policy Committee continues to delay easing interest rates, the eventual rate cuts would have to be steep, rather than gradual, to reach the required real policy rate, according to Ashima Goyal, external member of the Reserve Bank of India's rate-setting panel.

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