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India set for a second consecutive rate cut in April amid global central bank caution on easing
In India, economists say macroeconomic conditions are better placed due to lower inflation, which is below the RBI’s medium-term target of 4 percent, and a growth bounceback in the third quarter of this fiscal year, which may lead to a 25 bps rate cut in the April monetary policy.
In India, economists say macroeconomic conditions are better placed due to lower inflation, which is below the RBI’s medium-term target of 4 percent, and a growth bounceback in the third quarter of this fiscal year, which may lead to a 25 bps rate cut in the April monetary policy.
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