BUSINESS
RBI takes a ‘growth stand’ as Trump's tariffs challenge global economy
The decision to cut rates is also supported by the current real interest rate scenario. With the repo rate at 6 per cent and inflation expected to be ~4%, the real interest rate is close to 2 per cent – providing sufficient room for further rate cuts.
BUSINESS
RBI hopes a favourable monsoon will help it contain food inflation, cut rates
For the moment, the RBI's strategy appears to be to retain its focus on withdrawal of accommodation to manage inflation and ensure fuller policy transmission, while supporting growth.
