RBI Likely To Hold Rates; Stance May Change Amid US Tariffs

Economists expect RBI to hold key rate at 5.5% in August MPC meeting amid US tariff concerns.

- TBG NETWORK

Amid the new 25 percent tariff by the US, economists believe the Reserve Bank of India (RBI) is likely to keep the key interest rate unchanged at 5.5 percent in its upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7.

In exclusive conversations with ANI, several top economists shared their expectations and forecasts ahead of the policy decision due on August 7.

Dipanwita Mazumdar, Economist at Bank of Baroda, told ANI that the RBI is expected to adopt a "wait and watch" approach in the upcoming meeting.