The New Indian Express on Nostr: Has RBI waited too long to cut interest rates and is one around the corner finally? ...
Has RBI waited too long to cut interest rates and is one around the corner finally?
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RBI's Monetary Policy Committee is contemplating interest rate cuts; US Fed recently cut rates by 50 bps, influencing global central banks; RBI Governor Shaktikanta Das emphasizes domestic factors in policy decisions; FY25 inflation estimate at 4.5%, below the 4% target; SBI Research predicts first rate cut may not occur until February 2025; retail inflation at 3.65% in August; concerns over potential inflation rise in September and October; RBI raised rates by 250 bps from May 2022 to February 2023; market expectations for RBI rate cuts are high; historical context shows rate cuts often precede recessions.
#Rbi #InterestRates #Inflation #UsFed #Economy #Policy #SbiResearch #ShaktikantaDas #MonetaryPolicyCommittee #FinancialMarkets
https://www.newindianexpress.com/web-only/2024/Sep/24/has-rbi-waited-too-long-to-cut-interest-rates-and-is-one-around-the-corner-finally
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RBI's Monetary Policy Committee is contemplating interest rate cuts; US Fed recently cut rates by 50 bps, influencing global central banks; RBI Governor Shaktikanta Das emphasizes domestic factors in policy decisions; FY25 inflation estimate at 4.5%, below the 4% target; SBI Research predicts first rate cut may not occur until February 2025; retail inflation at 3.65% in August; concerns over potential inflation rise in September and October; RBI raised rates by 250 bps from May 2022 to February 2023; market expectations for RBI rate cuts are high; historical context shows rate cuts often precede recessions.
#Rbi #InterestRates #Inflation #UsFed #Economy #Policy #SbiResearch #ShaktikantaDas #MonetaryPolicyCommittee #FinancialMarkets
https://www.newindianexpress.com/web-only/2024/Sep/24/has-rbi-waited-too-long-to-cut-interest-rates-and-is-one-around-the-corner-finally