Governor, deputy governor in charge of monetary policy, and one more officer from RBI who is nominated by the central board of RBI

Ever since the Federal Reserve announced to slash the benchmark rate by 50bps, there has been a debate whether the RBI MPC will also go for a rate cut when it meets the next in October.

Following the US Fed’s 50 bps rate cut, the RBI’s upcoming policy meeting is under scrutiny. While a neutral stance may emerge in October, economists forecast rate cuts beginning in December, citing ongoing concerns over food inflation and household savings as factors for caution.

Of the 18 economists polled by Moneycontrol, just three predicted the possibility of a 25 bps rate cut in the October meeting of the Monetary Policy Committee

Foreign Banks expect the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) to keep the benchmark repo rate unchanged at 6.5 percent in their upcoming October 7 - 9 meeting. While they are anticipating a monetary stance change next month, the banks believe that the MPC meeting in December will see both a rate cut and stance change.

The Federal Reserve’s 50 basis points (bps) rate cut has raised expectations of ripple effects on India’s economy and financial markets, however, analysts say the Reserve Bank of India (RBI) is likely to maintain a domestic-focused approach,

The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points that many expected from the central bank. And yet the markets dipped down, perhaps because of a perceived disconnect between Fed Chair Jerome Powell’s sunny prognosis that “the economy is in good shape” and the committee’s bold action that suggests a possible recession on the horizon.

The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will mortgage rates fall from here on out? Not so much, economists say. The central bank announced a 50-basis-point cut to its benchmark rate,

The United States Federal Reserve has cut interest rates by half a percentage point overnight. This has put pressure on the Reserve Bank to bring forward its own rate cuts. Sky News Australia was joined by Barrenjoey Chief Economist Jo Masters to discuss the US Federal Reserve cutting interest rates.