RBI to have a meeting on Monday before they meet for their regular policy meeting to discuss the various aspects of the economy. TrendCalls Team has some ? for the RBI. Would they be able to create real rate of interest or would they foster economy with nominal rate of interest. Is it not that with nominal rate of interest they are favoring the classes of India ,should not they create a level of policies to suite masses or should they leave masses out to be inflicted by the pain of Inflation. TrendCalls Team are raising a issue here, does inflation of this level help the ordinary masses. We do not think so. They inflict more pain to the already burdened middle class & lower class sections of the society, who are the real consumers of the so called Big Manufacturers. Are the real rate of income rising or keeping pace with the inflation? In our sense it is not. We think policy makers will take heed of our basic needs. RBI will also face a big problem from the growing capital inflows. The hot money seeking beta will keep the Domestic markets buoyant till they reverse.
Views Given By TrendCalls Team
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