Economists divided as central bank weighs third repo rate cut
Wednesday, 4 June 2025 () The Reserve Bank of India's MPC met to review interest rates, with economists divided on the extent of cuts. Some advocated for a bolder 50 bps reduction to boost economic momentum, while others favored a cautious 25 bps cut, citing moderated inflation and external uncertainties. The decision, expected on June 6, will influence borrowing costs and investment sentiment.
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...
Wednesday, 4 June 2025 ()
