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    HomeNewsOpinionMonetary Policy | Rate cut in December 2024 is not a done deal

    Monetary Policy | Rate cut in December 2024 is not a done deal

    The change in stance to neutral opens the door for a potential rate cut in the December 2024 meeting. If two macro indicators play a supportive role, they could tilt the balance in favour of a rate cut

    Aditi Nayar
    October 09, 2024 / 13:51 IST
    The decision to change the stance to neutral was quite prudent and would provide flexibility to the Central Bank, to choose the appropriate timing of the next policy action
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