23-February-2025
Economy News
 
More interest rate cuts on way, signal MPC minutes
22-Feb-2025

The Reserve Bank of India (RBI) is likely to deliver more interest rate cuts in the months ahead to help accelerate economic expansion, potentially breaking ranks with price-focused peers in key developed markets, as fostering growth seemingly begins to outweigh inflation taming as an immediate priority for the Monetary Policy Committee (MPC). The RBI, which expects headline inflation projections to eventually ease into legally defined tramlines, would also use measures beyond policy rates to stimulate the economy, showed the MPC's latest minutes published Friday-exactly two weeks to the first review meeting in nearly five years to have reduced the benchmark rates.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/more-interest-rate-cuts-on-way-signal-mpc-minutes/articleshow/118461675.cms