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Growth risks to nudge RBI towards deeper rate cuts
Orissa POST
|April 13, 2025
Mumbai, April 12: The Reserve Bank of India’s rate-cutting cycle could be deeper than expected as downside risks to growth and a benign inflation outlook could prompt the central bank to be more accommodative, economists said.
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Growth in Asia’s third-largest economy, which is under threat from slowing urban consumption and tepid private investment, could worsen because of the escalating US-China trade war and the spectre of steep US tariffs.
India hopes to seal a trade deal with the United States after President Donald Trump paused ‘reciprocal’ tariffs on dozens of countries, including India, while hiking levies on China.
This story is from the April 13, 2025 edition of Orissa POST.
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