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.
Diese Geschichte stammt aus der February 05, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der February 05, 2024-Ausgabe von Financial Express Mumbai.
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