However, incremental sharp outflows from EMs like India going ahead could indicate that the current expectation of a terminal interest rate of 4.5-5% for the US will be breached on the upside going forward and remains a key risk, the analysts said.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers