Central Banks
India Central Bank Opens Door to First Rate Cut in 4 Years
- RBI left interest rate at 6.5%, but changed stance to neutral
- Das says food inflation likely to ease in coming months
This article is for subscribers only.
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.
India’s central bank set the stage for its first interest rate cut in four years, growing more confident that inflation will ease in coming months. Bonds and stocks advanced.