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When will RBI cut rates? Economists say you need to wait till...

By Economic Times - 7 months ago
The Reserve Bank of India is expected to delay cutting interest rates until the final quarter of the year, according to a Bloomberg survey. The RBI may reduce its benchmark repurchase rate by 50 basis points in the October-December period before pausing, due to rising inflation risks and the US Federal Reserve keeping rates steady. Governor Shaktikanta Das has maintained a hold on rates, waiting for inflation to stabilize around the central bank's 4% target. Economists predict that India's growth and inflation dynamics are healthy, but global and geopolitical developments, particularly decisions by the US Fed, could influence the RBI's rate decisions.

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