Rate-cut push gathers steam as firms' inflation expectations fall below 4% in May

12/07/2023

Rate-cut push gathers steam as firms' inflation expectations fall below 4% in May

moneycontrol

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Inflation expectations of businesses fell below 4 percent in May for the first time since late 2020, while their expectations about profits remained subdued, according to the latest Business Inflation Expectations Survey (BIES) of the Indian Institute of Management-Ahmedabad (IIM-A).

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IIMA