RBI likely to continue rate cuts despite CPI inflation rise
pre-market1 source ↓written by the desknot a recommendation
- in November
- 0.7%
- in October
- 0.3%
- cut in February
- 25 bps
- and limited price
- 4.4%
CPI inflation rose to 0.7% in November from 0.3% in October, but this is not expected to halt the RBI's rate-cut strategy. The Monetary Policy Committee may implement a 25 bps cut in February, driven by easing core inflation at 4.4% and limited price increases in gold. Traders should monitor inflation trends closely as they could impact future monetary policy decisions.
Not investment advice. For informational purposes only.