Analysts said that further rate cuts by the RBI are likely only after this transmission lag is overcome and the impact of past actions is felt in the credit market.
However, as so often is the case, for a proven solution to this problem we need only to look to the past.
But it is worth remembering that this is a tide that has risen in the past, only to ebb again.
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It might only be an informal dinner but this is the 18th time in the past two years that Europe's leaders have gathered in Brussels.
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More than 40, 000 Boeing workers have lost their jobs in the past three years and it is only this year that Boeing has started to recover from its post-September 11 losses.
Moreover, though this boom is impressive judged by past performance, it is only to be expected as the region makes a cyclical recovery after nearly a decade of lacklustre growth.
But investors are wise to this process and they know that what Apple did in the past is now relevant only if it can use its capabilities to go after another big market where it does not currently offer a world-beating product.
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Although the payout ratio based on earnings this year is 90% of earnings, it is only 53% of cash flow over the past 12 months.
The multi-billion dollar question is whether this positive trend will continue as we have seen slowdowns in the past only to see the curve explode upwards after a pause.
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Only in this case, that man is Michael Ruppert, who also looks at the trends of the past few decades to predict the future.
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What this means is that options players have been more pessimistically aligned toward the shares only 20% of the time during the past 12 months.
The latest findings show that virtually all the ice surveyed is what is called first-year ice, ice that only grew this past winter, as opposed to tougher multi-year ice which survives the warmth of summer.
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