New Delhi, Aug. 3 -- The RBI has already frontloaded the rate cuts, anticipating the moderation in inflation, and it is unlikely the central bank would go for further rate cuts unless economic growth concerns aggravate, CareEdge said in a pre-monetary policy review meeting.
While the US reciprocal tariff rate (25 per cent for India) and proposed penalty are concerning, the RBI may opt to wait till "we get further clarity on this front", the rating agency said.
The next bi-monthly RBI monetary policy review meeting is scheduled for August 4-6, 2025.
"With a forward-looking outlook, the RBI would be focusing on inflation in the quarters ahead," the report read.
With CPI-based retail inflation expected to breach 4 per cent in Q4 2025-26 ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.