Lower interest rates would be a 'policy mistake' for India's central bank, economist says

Lowering interest rates in India could lead to higher expectations of inflation and an increased risk of actual inflation, meaning it would be a "policy mistake" for the Reserve Bank of India (RBI), according to an economist.

from World News & Analysis https://www.cnbc.com/2019/01/17/lower-rates-would-be-policy-mistake-for-india-central-bank-expert.html