RBI unlikely to cut rates in 2024 due to food inflation concerns: SBI
Despite the US Federal Reserve preparing for its first interest rate cut in over four years, which is expected to set a trend for other central banks globally, the Reserve Bank of India ( RBI ) is not likely to reduce its policy rate during 2024,
RBI's rate cut dilemma: Keep pace with Fed's 50 bps slash or take slow path to easing?
As the US Federal Reserve implements a significant 50 bps rate cut, all eyes are on the RBI, with analysts split on whether the RBI will follow suit in October or delay until December amid ongoing food inflation concerns.
Will RBI follow US Fed rate cut in October MPC meeting? Economists decode
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.
SBI Chairman explains why RBI won't cut rates in 2024
Setty suggested that a rate cut by the RBI might not occur until the fourth quarter of 2025 (January-March), unless there is significant improvement in food inflation. The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das,
With Fed cutting rate, will the RBI follow suit? Analysts weigh in
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,
RBI Unlikely to Cut Interest Rates in 2024: SBI Chief
SBI chairman C S Setty expects no interest rate cuts in 2024 due to food inflation concerns. The RBI will focus on inflation trajectory rather than monthly data.
The Fed cut rates by half-point: What to know
The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.
How will US Fed rate cut affect UAE mortgages?
Interest rate cuts by the US Federal Reserve and the UAE Central Bank are expected to make mortgages more affordable for end users. The Fed cut US interest rates by 50 basis points on Wednesday, marking the start of its first easing cycle in four years.
Expert opinions on the 50 bps US Fed rate cut: Will RBI make the next move?
The US Federal Reserve's 50 bps rate cut signals the start of a new easing cycle after months of speculation. Experts view this as both an opportunity for markets and a potential risk, stressing the need for careful monitoring of economic indicators in the coming months.
Food or Fed: What will RBI choose in October?
Historically, the US Federal Reserve sets the tone for monetary policies around the world. However, countries, including ...
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When will RBI ease rates? The inflation dilemma explained
Many people, especially those who borrow from banks to buy houses and consumer durables, are asking: When will the Reserve ...
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Comparative study of RBI’s Monetary policy with other emerging economies
However, the RBI’s approach is distinguished by its inflation-targeting mechanism, introduced in 2016, which aims to keep inflation within a defined range between 4% and 2%. In contrast, economies ...
RBI Governor: interest rate decision will be based on the future trajectory of inflation and growth
Shaktikanta Das, governor of the Reserve Bank of India, joins CNBC's Tanvir Gill in an exclusive interview, discussing ...
Why should the RBI reduce interest rates?
At the next MPC meeting to be held between October 7 and 9, the RBI has its task cut out. The US Fed has surprised with a 50 ...
Food-price volatility may pose risk to India's inflation, cenbank says
India's headline inflation may average 4.5% in the second half of the fiscal year, aided by weaker crude oil prices, although ...