RBI unlikely to take rate action
Financial Express Mumbai|February 05, 2024
THE RESERVE BANK of India (RBI)'s monetary policy committee (MPC) is likely to maintain the status quo on repo rate at 6.5% in its meeting scheduled between February 6 and 8,12 economists polled by FE said.
PIYUSH SHUKLA

Around 40% of economists felt the MPC may pivot to rate cuts only from Q2FY25 onwards, while 25% believe that it may happen even later in the second half of the financial year.

"We expect the MPC to extend its pause in February to take stock of the domestic inflation outlook and global developments. With the US Fed still non-committal on its policy pivot, the MPC is likely to avoid a pre-emptive dovish shift," said Radhika Rao, ED and senior economist at DBS Group Research.

هذه القصة مأخوذة من طبعة February 05, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 05, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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