💨 Abstract

The HDFC Mutual Fund report predicts the Reserve Bank of India (RBI) will continue reducing the repo rate due to potential economic growth headwinds and inflation falling within the central bank's target range. The report cites global growth concerns, particularly in the US, where a gradual economic slowdown is indicated by PMI, consumption spending, and the housing sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖