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Interest rate hike to have a negative impact: JP Morgan

PUBLISHED ON: April 12, 2010 | Duration: 7 min, 11 sec

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Jahangir Aziz, chief economist at JP Morgan, said, "Interest rate hike tends to have a negative impact in 6-9 months time. RBI's April policy action would be 'growth supportive'. It is critical to watch capital goods production in February IIP numbers."
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