Interest Rate Cut In September 2024 India. The us federal reserve cut its benchmark interest rate by an unexpected 50 basis points (bps) on wednesday, a move that caught many by surprise. Get all the updates about india interest rate.
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. The reserve bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, state bank of india (sbi) chairman c s setty.
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