RBI to cut rates three more times this year on tariff threat: Citi
- Posted on April 4, 2025
- By Business News Today
- 1 Views
RBI to cut rates three more times this year on tariff threat: Citi
India's central bank is expected to cut rates three more times this year by 75 basis points, mainly due to the downturn in economic growth from U.S. import tariffs. Citibank economists forecast a total of 100 basis points in rate cuts for the year as inflation leaves room for the Reserve Bank of India to act.
