Elements that may support these forecasts include better expected economic prospects for the United States and the reactivation of government investment.5 However, there are downward risks to this scenario, including a further decline in consumer confidence; the time needed to restructure the housing developers market; and less favorable external financial conditions.
BIS central bankers’ speeches  Put differently, when people say “Inflation is low, you can now turn to stimulating growth”, they really do not understand that these are two sides of the same coin. The RBI always sets the policy rate as low as it can, consistent with meeting its inflation objective.