RBI to announce monetary policy tomorrow. Here’s what to expect from Shaktikanta Das

  • Posted on October 8, 2024
  • By Business News Today
  • 3 Views
RBI to announce monetary policy tomorrow. Here’s what to expect from Shaktikanta Das

The IMF forecasted 3.2% global growth in 2024, but geopolitical tensions and economic instability threaten this. The US Fed cut interest rates by half a percentage point, while the ECB cut by 25 basis points. China's central bank also implemented measures to stimulate its economy. India's GDP grew 6.7% in Q1 FY25, outperforming globally. The RBI is expected to maintain its neutral stance and may not raise interest rates.
continue reading...

Author
Business News Today

You May Also Like