RBI can't budge on rates due to inflation target: Economists
Economists predict interest rates will stay high due to inflation exceeding the Reserve Bank of India's target. Despite this, government officials are urging rate cuts to stimulate the economy. Experts highlight that while lower rates can encourage spending and investment, other factors like income and capacity utilization play a significant role.
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Economists predict interest rates will stay high due to inflation exceeding the Reserve Bank of India's target. Despite this, government officials are urging rate cuts to stimulate the economy. Experts highlight that while lower rates can encourage spending and investment, other factors like income and capacity utilization play a significant role. 
