Arjun Nagarajan
@arjungn80 · 2:40
What does the Fed policy mean for India now?
Which means the RBI's rate cuts will start a little later after the Fed rate cuts start with probably a lag. And this quantum of this lag, how long this lag is, will depend on how quickly India is able to normalize its trade deficit, good straight deficit, how fast it can sort of reduce its good straight deficit. Now, the implication here is that if you look at bond markets, bond markets always price in central bank rate action well in advance