A rate cut possibility was seen likely after the US Fed stumped the markets with a historic 50 bps reduction in interest rates earlier last month.
Even a change in the monetary policy stance is bleak. If the MPC leaves the rates changed at 6.5%, it will be for the tenth time the panel has opted for status quo. The Reserve Bank will announce the policy decision on October 9.
Diese Geschichte stammt aus der October 08, 2024-Ausgabe von The New Indian Express.
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Diese Geschichte stammt aus der October 08, 2024-Ausgabe von The New Indian Express.
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