India's Retail Inflation Drops to 4.83% in April, Raising Hopes for Rate Cuts
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#c91a7ba4 ver:0.14

India's retail inflation drops to 4.83% in April, lowest in 11 months, raising hopes for rate cuts by Reserve Bank of India (RBI). However, high food inflation may delay the cuts. US consumer prices rise less than expected in April, increasing expectations for a potential interest rate cut in September. Retail sales stagnate, indicating a slowdown in domestic demand. Decision on RBI rate cuts influenced by US Federal Reserve's decision. #Inflation #RateCuts #Economy...

#newstr #India #RetailInflation #RateCuts #UsConsumerInflation #InterestRateCut 

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