Most economists in a Reuters poll predicted that the Reserve Bank of India (RBI) will probably wait until December to begin lowering interest rates rather than doing so in October. The RBI is projected to do so by a meager 50 basis points over the course of the next six months.
August saw a second month of inflation in below the RBI’s medium-term objective of 4.0%. Although a slight increase is anticipated in the upcoming months, it has been stable between 2% and 6% for almost a year and was predicted to remain there until the middle of 2026.
