When Will The Fed Cut Interest Rates In 2024 In India. The reserve bank of india (rbi) kept its benchmark policy repo rate at 6.5% for the tenth consecutive meeting in october 2024, aligning with market expectations, but tweaked its policy. Interest rate cuts in india are off the table in fiscal year 2024/25 given the change in the federal reserve's policy path and strong growth in the south asian nation, analysts at.
Us federal reserve signaled it still expects to make three cuts this year sending us markets into a frenzy as traders cheered central bank’s affirmation. Federal reserve’s decision to cut interest rates will not significantly impact inflows into india, the south asian nation’s economic affairs secretary ajay seth said.
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