When will RBI cut rates? What Shaktikanta Das said on GDP, inflation and risks to economy

When will RBI cut rates? What Shaktikanta Das said on GDP, inflation and risks to economy

New Delhi: The Indian economy is forecasted to remain on a growth path in the ongoing fiscal year as well as the first quarter of the next fiscal, said RBI governor Shaktikanta Das, while flagging external risks such as geopolitical conflicts and their impact on commodity prices. He added that a positive agricultural outlook is likely to support the forecast for inflation moderation to below 4.5 per cent in FY25.

This is a developing story. More to follow

 RBI Governor Shaktikanta Das hinted at a potential rate cut in the future without giving a definitive timeline. He cited the inflation outlook as well as positive agricultural outlook as factors supporting for this view.  Economy Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today