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Reserve Bank MPC starts deliberations amid expectations of 25 bps rate cut
The Political and Business Daily
|April 08, 2025
THE Reserve Bank on Monday started its bi-monthly monetary policy review amid expectations of a 25 bps cut in key interest rates in the backdrop of moderating inflation and the need to stimulate growth as Trump tariff pose severe challenges to the global economy.
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The decision of the six-member Monetary Policy Committee (MPC) headed by Governor Sanjay Malhotra will be announced on Wednesday.
In February, the MPC slashed the repo rate by 25 basis points to 6.25 per cent. It was the first reduction since May 2020 and the first revision after two-and-a-half years.
Experts are of the opinion that RBI's rate-setting panel will announce another rate cut of 25 bps this week.
A research report of SBI said the global growth is likely to face significant headwinds due to non-linear yet intersecting trilemma of trade-related tariff barriers, rapid currency swings and fractured capital flows, with no country being immune to the disruptions.
Cette histoire est tirée de l'édition April 08, 2025 de The Political and Business Daily.
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