Surprise GDP growth dampens December rate cut expectations
pre-market1 source ↓written by the desknot a recommendation
- Policy Committee
- 5 December
Surprising GDP growth has led to diminished expectations for a rate cut by the Reserve Bank of India’s Monetary Policy Committee on 5 December. While record low inflation supports the case for a cut, most economists now predict the repo rate will remain unchanged, impacting market sentiment and trading strategies. 📉
• Majority of economists expect no change
• A minority still advocates for a rate cut
• Potential implications for interest-sensitive sectors.
Not investment advice. For informational purposes only.