3 days, 17 hours ago
RBI MPC may delay rate cut to April 2025 amid US Fed’s hawkish stance: Will this impact growth?
Live MintThe Reserve Bank of India may delay the beginning of its rate cut cycle to April 2025 due to the US Federal Reserve's move towards a more hawkish monetary policy approach. “Given INR weakness and developing volatility in financial markets, we see the start of the rate cut cycle to shift to April 2025,” ANI reported, citing Yes Bank. It also noted that the Fed watch tool is expecting no rate cut in January 2025, highlighting a slower pace of monetary easing. RBI faces complex balancing challenge Meanwhile, the RBI now faces a complex balancing challenge of promoting domestic growth and managing inflation issues, the report said.
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History of this topic
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3 weeks ago
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