Hope of rate cut this yr dashed
The Morning Standard|October 03, 2024
WHILE the September 17 historic rate cut by the US Fed spawned a flicker of hope back home here that the Reserve Bank would at least tone down its strident policy stance, what happened in Is● भारतीय RESERVE prices reacted over 5% jump immediately after the newsbreak and another 3% on Wednesday, taking the Brent past $74/barrel.
BENN KOCHUVEEDAN

To be sure, nobody was expecting a rate cut on October 9 under the just-reconstituted.

This story is from the October 03, 2024 edition of The Morning Standard.

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This story is from the October 03, 2024 edition of The Morning Standard.

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