Economists are predicting a possible interest rate cut by the Reserve Bank of India (RBI) in April after retail inflation fell below the central bank’s target. Retail inflation dropped to 3.61% in February, and increased farm output is expected to keep food prices stable.
It is not as gloomy for EMs but most flows are going to Europe now: Cameron Brandt
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.