Market expects RBI to kickstart easing with a shallow cut in December
- Posted on October 10, 2024
- By Business News Today
- 3 Views
Market expects RBI to kickstart easing with a shallow cut in December
The Reserve Bank of India has shifted to a 'neutral' policy stance, increasing expectations of a rate cut in December. Most financial institutions anticipate a 25 basis point cut. Market participants will closely monitor inflation and growth indicators. The RBI's decision provides flexibility for potential rate easing as inflation remains within legal limits.