MPC review: Will GDP growth prompt rate cut in December?
after close1 source ↓written by the desknot a recommendation
- currently
- 5.50%
The RBI's Monetary Policy Committee (MPC) will announce its decision on interest rates after a three-day review. With India's GDP growth at a six-quarter high and retail inflation at an all-time low, market expectations for a rate cut are rising. However, economists remain divided on whether the MPC will adjust the repo rate, currently at 5.50%.
This meeting is crucial, as it is the last scheduled review for the year, and any changes could significantly impact market sentiment and borrowing costs.
Not investment advice. For informational purposes only.