Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra

"Credit funds have performed quite well in 2022, on the back of an improving economic cycle, low-interest rates, and easing liquidity as domestic and global economies opened up"

Abhishek Kumar
Last Updated at January 30, 2023 06:10 IST

Mr Amandeep Chopra - Group President & Head of Fixed Income at UTI AMC

Rate cuts are unlikely in 2023 as inflation appears to be more persistent this time, believes Amandeep Chopra, group president and head-fixed income, UTI Asset Management Company. In conversation with Abhishek Kumar, Chopra says rate cuts can be a possibility this year only if inflation dips below 5 per cent and the economic growth rate weakens to sub-5 per cent. Edited excerpts:

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