💨 Abstract

The Reserve Bank of India (RBI) has kept key interest rates unchanged, signaling a neutral stance. Economists expect a possible rate cut in December, citing the US Federal Reserve's 50 basis points rate cut in September. Domestic inflation concerns and global uncertainties, such as Middle East tensions and US elections, are factors influencing the RBI's decision to maintain a cautious approach.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖