RBI expected to reduce repo rate by 0.25% in December
pre-market1 source ↓written by the desknot a recommendation
- in the repo
- 25 basis points cut
- during the RBI's
- 5.25%
Morgan Stanley forecasts a 25 basis points cut in the repo rate to 5.25% during the RBI's monetary policy meeting in early December. The central bank is likely to maintain a prudent policy stance while becoming more data-dependent post-rate cut. This approach allows RBI to assess the impact on growth and inflation before any further actions.
Not investment advice. For informational purposes only.