neutral
Recently
Rate cut expectations rise ahead of RBI’s December MPC meeting
Economists expect a potential 25 bps rate cut as inflation falls below 2% and GDP growth hits 8.
A possible 25-basis-point rate cut at the upcoming RBI Monetary Policy Committee meeting scheduled for December 3–5. Record-low inflation below 2% and Q2 GDP growth of 8.2% a six-quarter high strengthen the case for policy easing. Economists are evaluating whether the combination of subdued prices and strong output warrants a shift in the RBI’s policy stance amid global uncertainties.