ANZ analysts note that the Indian headline CPI picked up in February to 2.57%y/y from 1.97% (Revised) in January, for the first time in five months, as the decline in food prices was milder than in previous months. Key Quotes “Overall inflationary pressures remain soft, with core CPI moderating for the second straight month.” “We expect headline inflation to remain below 3% until Q3 2019.” “Not only should this inflation trajectory allow the Reserve Bank of India (RBI) to cut the policy repo rate by another 25bps to 6.00% at its April meeting, it could open the door to deeper cuts further out.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/SEK eases from tops near 10.5900 FX Street 4 years ANZ analysts note that the Indian headline CPI picked up in February to 2.57%y/y from 1.97% (Revised) in January, for the first time in five months, as the decline in food prices was milder than in previous months. Key Quotes "Overall inflationary pressures remain soft, with core CPI moderating for the second straight month." "We expect headline inflation to remain below 3% until Q3 2019." "Not only should this inflation trajectory allow the Reserve Bank of India (RBI) to cut the policy repo rate by another 25bps to 6.00% at its April meeting, it could open the door to deeper… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
