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Weak urban demand, global uncertainty open door for policy rate cut
The Business Guardian
|July 20, 2025
Soft urban consumption and an uncertain external demand environment have created scope for the Reserve Bank of India (RBI) to ease policy rates, a report by ICICI Bank said, as the central bank navigates a data-dependent approach amid a neutral stance.
"Monetary policy is forward-looking and next year inflation prints are likely to move higher on the back of a low base, but weak urban and uncertain external demand (tariffs) has opened up room for easing," the report added.
Dit verhaal komt uit de July 20, 2025-editie van The Business Guardian.
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