Private capex supports India's growth outlook, rate cut anticipated
after close1 source ↓written by the desknot a recommendation
- may occur
- 25 bps rate cut
India's medium-term growth outlook is bolstered by improving private capital expenditure and resilient consumption, according to a report by HSBC Mutual Fund. The report suggests a 25 bps rate cut may occur on December 5, driven by inflation concerns and growth uncertainties. This environment is expected to enhance private consumption and capex amid global challenges.
Not investment advice. For informational purposes only.