India-US trade deal uncertainty may impact RBI's repo rate
after close1 source ↓written by the desknot a recommendation
Goldman Sachs warns that prolonged uncertainty over the India-US trade deal could lead the RBI to cut the repo rate to support economic growth. If challenges persist beyond Q1 FY2024, India's growth may be adversely affected, despite strong fundamentals. Recovery among low-income households is still early but supported by good crop production and direct payments.
Not investment advice. For informational purposes only.