business

Live: RBI policy expectations - Rates likely to be on hold but will the stance change?

RBI's Thursday policy is expected to maintain status quo on interest rates. But is there a compelling case for a change in stance amid the changing global landscape? Global macros have changed from what they were when RBI announced its June policy. In June the US economy was still surprising with its resilience. But now, the last 3 payroll numbers have been falling sharply and unemployment has also been ticking higher giving rise to fears of a recession in the US economy. So what will the RBI do this time? Catch this chat between Nandita Khemka and CNBC-TV-18's Executive Editor Latha Venkatesh to know more.

first published: Aug 7, 2024 01:07 pm