tag:blogger.com,1999:blog-4985507920781384945.post6236335364356545254..comments2024-03-27T21:22:19.883+05:30Comments on InvestorZclub: Food prices stubbornly high, RBI might pause on 16 SepAmit Agarwalhttp://www.blogger.com/profile/17507490232990482319noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4985507920781384945.post-69170611758164165772011-09-01T17:32:07.775+05:302011-09-01T17:32:07.775+05:30Surprise rate cut by Brazil to the extent of half ...Surprise rate cut by Brazil to the extent of half a percent could also hold RBI to increase the rates further if not decrease it immediately, as Brazil is also facing high inflation and has been increasing rates in last one year to fight inflation. Brazil has done this on the back of fear of global slowdown putting pressure on the Brazil's economy. If US and European economy falls into some kind of recession again, the commodity prices globally will see a sharp correction which will automatically bring down the inflationary pressure.Amit Agarwalhttps://www.blogger.com/profile/17507490232990482319noreply@blogger.com