India's central bank cuts rates again as inflation slows

Reserve Bank of India becomes the first in Asia to tweak policy amid Trump turmoil

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Inflation in India cooled to a seven-month low of 3.61% in February while economic growth slowed. (Photo by Ken Kobayashi)

SOUMYAJIT SAHA

MUMBAI -- The Reserve Bank of India on Wednesday cut its key policy rate for a second consecutive time, opting to support economic growth as cooling inflation provides room for dovish actions and as U.S.-fueled tariff pain looms.

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