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It depends on inflation.
Let's do an update on inflation.
INDIA has a proud record on inflation.
Made the outlook conditional on inflation.
"The perceptions on inflation are changing".
This has obviously had a big effect on inflation and on inflation expectations".
In the past, central banks have focused excessively on inflation.
This puts a downward pressure on inflation in crisis economies.
Keeping a lid on inflation is also crucial.
That measure includes annual increases based on inflation.
Monetary policy has an impact on inflation, output and employment.
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