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Is there hope for another round of rate cut?
The New Indian Express Chennai
|August 04, 2025
With risks to growth remaining elevated and inflation benign, some economists see 25 bps rate cut in Aug MPC meet
CAN lenders hope for another round of rate cut by the Central bank, as its monetary policy committee (MPC) set to start its 3-day meeting on Monday? The 25% export duty shocker from the US effective August 7, which if not reversed to a reasonable level may shave off 20-30 bps economic growth, this year, has the Mint Road-watchers divided with some calling for a monetary support given below-target inflation prints while some others calling for caution till the tariff talks are completed.
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