RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll

  • Posted on October 30, 2024
  • By Business News Today
  • 2 Views
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll

India's central bank is expected to cut its key policy rate by 0.25% in December to support slowing economic growth. A Reuters poll shows a slim majority of economists predicting the rate cut. Inflation is expected to moderate, providing the Reserve Bank of India room for policy easing. Growth rates are also predicted to slightly decline.
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