RBI's 50 bps rate cut surprise: Two economists who beat the crowd are back with another call

RBI rate cut: Soumya Kanti Ghosh and Debopam Chaudhuri foresee more rate cuts. This contrasts with most experts anticipating the end of easing. Chaudhuri expects additional cuts through FY26, aligning with the US Federal Reserve. He anticipates a 25 bps cut in October 2025 and February 2026. This would bring the repo rate to 5%, contingent on inflation staying below 4%.