RBI expected to cut repo rate to 5.25% in December
after close1 source ↓written by the desknot a recommendation
- cut
- 25 basis points
- during the Reserve
- 5.25%
Morgan Stanley forecasts a 25 basis points cut in the repo rate to 5.25% during the Reserve Bank of India's monetary policy committee meeting in early December. This move signals a shift towards a more data-driven approach, allowing the RBI to assess the impact on growth and inflation before further actions. 📉
The anticipated easing reflects a cautious stance on fiscal policy, emphasizing gradual consolidation while prioritizing capital expenditure.
Not investment advice. For informational purposes only.