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Morgan Stanley Sees One More Rate Cut in October as India's Inflation Cools
The Statesman Bhubaneswar
|July 19, 2025
Global brokerage firm Morgan Stanley has said that the Reserve Bank of India (RBI) is likely to go for one more rate cut of 25 basis points (bps) in its October policy meeting, even as inflation continues to fall rapidly.
While the firm expects the central bank to keep rates unchanged in its upcoming August meeting, it also noted that the chances of a rate cut in August have increased due to sharper-than-expected moderation in inflation.
In its latest research report, Morgan Stanley said consumer price index (CPI) inflation has been consistently falling below 4 per cent since February this year.
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