Expect Rate Cut from RBI on September 29: Sajjid Chinoy

Sajjid Chinoy, India economist at JP Morgan, said the core inflation has fallen materially in the last two to three months. Assuming that any Fed lift-off is not disruptive, rupee pressure is contained and the price pressure on some food articles is temporary, the data flow is supportive of a rate cut from the RBI on September 29.