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Experts indicate that the Reserve Bank of India's revised forecasts for inflation and GDP growth reduce the likelihood of a rate cut in the upcoming February MPC meeting. With a higher CPI projection and a downward revision of GDP growth by 60 basis points for FY2024-25, the central bank is expected to begin easing rates from April 2025, addressing growth concerns amid ongoing geopolitical and economic uncertainties.
Sujan Hajra
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
RBI's Revised Forecasts Reduce Likelihood of Rate Cut in February Meeting
United States Dollar
Anand Rathi Shares and Stock Brokers
Manappuram Finance Limited
IND
Sujan Hajra
09:09 06.12.2024
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