Not in People's Interest

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Commentary

Sugata Marjit

Vol. 51, Issue No. 28, 09 Jul, 2016

Not in People's Interest

Vol. 51, Issue No. 28, 09 Jul, 2016

Commentary

Sugata Marjit

The politics and economics of interest rate formation in this country must be studied carefully. Lowering the interest rate raises stock prices in an environment where they themselves cannot move up thanks to the fundamentals of the economy that are not conducive.

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