💨 Abstract
The Reserve Bank of India (RBI) is expected to implement shallow rate cuts in its February 2025 Monetary Policy Committee (MPC) meeting, according to a Sharekhan report. This decision is influenced by a cautious global economy, strengthened US Dollar Index, and the US Federal Reserve's hawkish tone, which indicates concerns over inflation. Domestically, retail inflation (CPI) has moderated to 5.5%
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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