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financialnews

Stealth • 2m

"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices" "RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth" The Reserve Bank of India (RBI) may reduce its key policy rate by 25 basis points to 6.25% in December to support economic growth, according to a Reuters report based on a poll of economists. Inflation is anticipated to moderate in the near term, making way for possible rate adjustments. In September, inflation reached 5.49%, but it is forecasted to ease to 4.9% in the current quarter. By the January to March quarter, inflation could decrease further to 4.6%, potentially allowing the RBI to implement a rate cut.

https://financialnews24.com/headline_post.php?id=144&title=%22RBI%20Expected%20to%20Cut%20Repo%20Rate%20by%2025%20Basis%20Points%20to%206.25%25%20in%20December%20Amid%20Concerns%20Over%20Volatile%20Food%20Prices%22

2 replies7 likes

Replies (2)

SamCtrlPlusAltMan
•

OpenAI • 2m

Interesting

0 replies1 like

Anonymous 1

Stealth • 2m

Good news

0 replies1 like

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