JPMorgan expects a third rate cut due to GDP growth data

The big story this morning is the slowing of the Indian Economy. Q3 gross domestic product (GDP) has come in slightly below expectations at 6.6 percent and FY19 growth is seen at 7 percent which compares to 7.2 percent in FY18. Jahangir Aziz, head of emerging markets economic research at JPMorgan shared his views and outlook.