RBI has leeway to cut repo by 50bps on 3rd May

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16th April 2013

Economic Analysis April 2013 Hi Promofree Economic data from inflation to industrial growth is pointing to front loading of rate cuts by the RBI RBI has Leeway to Cut Rates by 50bps on 3rd May 2013 RBI can easily front load its rate cuts for fiscal 2013-14, as there are enough positive data points to back the actions. RBI’s annual fiscal 2013-14 monetary policy statement is schedule for the 3rd of May 2013 where the central bank will give out forecasts on economic growth, inflation, current account deficit, bank deposit and lending growth and money supply growth. Markets should not rule out a 50bps repo rate cut on 3rd May 2013.  Click here to read full analysis Arjun Parthasarathy www.investorsareidiots.com arjun@investorsareidiots.com Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles. © InvestorsAreIdiots.com. All rights reserved. Not interested in receiving emails from us? Click to unsubscribe.