Inflation’s decline should be supported by past monetary tightening, waning effects of global factors driving energy and food price growth in the past period, a slowdown in imported inflation, and subdued external demand amid the anticipated slackening of global growth.
The basic idea is for a shift from fiscal consolidation with accommodative monetary policy to fiscal expansion with tighter monetary policy. This new  combination will result in investment shifting out of bonds and into equities, with repercussions for both asset prices and currencies, and considerable volatility in the near term.