RBI may do what Fed has done with rates. But you need to wait

  • Posted on September 20, 2024
  • By Business News Today
  • 1 Views
RBI may do what Fed has done with rates. But you need to wait

Fed rate cut: The Reserve Bank of India may consider a rate cut by February 2025, following the US Federal Reserve's recent 50 basis points rate cut. Despite expected inflation spikes, India's CPI inflation is projected to remain within the RBI's target range. Favorable monsoon activity has positively impacted Kharif sowing, surpassing the five-year average.
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Business News Today

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