@_prashantnair Prashant - You’ve finally hit the nail on its head! I saw this coming after the very first meeting. Surprised the market can’t see it even now! lol or maybe it can.
@elerianm The task force has been instated to come up with a new measure of inflation - “trimmed mean inflation” which currently is 2.3%, leaving aside the outliers. He’s building a case for lower rates. Once the task force recommends it, the committee will have no choice but to support it