India rate cuts #39;off the table#39; in 2024/25: Morgan Stanley

"We believe that improving productivity growth, rising investment rate, and inflation tracking above the target of 4%, alongside a higher terminal Fed funds rate, warrant higher real rates," economists Upasana Chachra and Bani Gambhir wrote.

India rate cuts #39;off the table#39; in 2024/25: Morgan Stanley
India rate cuts #39;off the table#39; in 2024/25: Morgan Stanley "We believe that improving productivity growth, rising investment rate, and inflation tracking above the target of 4%, alongside a higher terminal Fed funds rate, warrant higher real rates," economists Upasana Chachra and Bani Gambhir wrote.