Easing inflation kindles February rate cut hopes
- Posted on December 24, 2024
- By Business News Today
- 3 Views
Easing inflation kindles February rate cut hopes
The Indian economy is showing recovery signs in Q3 FY 2024-25 with an expected growth of 6.7% in the next fiscal year and inflation averaging 3.8%. This provides room for possible rate cuts by the RBI, driven by strong festival activity, rural demand, and improved employment.
