1. It is no doubt that the US Fed rate cut is a vital injection for the Indian economy as it means more funds will flow into India.
2. However now it is becoming difficult for the RBI to handle the excess inflow of dollars.
3. As Indians one can expect RBI governor to step in and reduce the rate of interest which will bring more credit to the needy at appropriate rate and excess inflow of dollar will also be controlled which will be a morale booster for IT sector and exporters.
What Indians can Expect from US Fed Rate Cut?
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