Tariff shock indicates 25bps rate cut, RBI stance may turn ‘accommodative’: Report

The swift shift in global sentiment, high market volatility and fear of recession amid the US tariff shock indicate a 25bps cut by the Reserve Bank of India (RBI) on April 9, with possible change in stance to “accommodative” to give directional easing bias, a report showed on Tuesday.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *