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Swaminathan Aiyar Analyzes Fed 's Rate Cut Decision, How Will RBI React? | India's Rate Cut Cycle
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Swaminathan Aiyar examines the Federal Reserve's rate cut and ponders on the potential reaction of the Reserve Bank of India (RBI). India's rate cut cycle commences with its first rate reduction in four years. RBI Governor Shaktikanta Das might opt for two interest rate cuts if Federal Reserve Chairman Jerome Powell implements two rate reductions in 2024. Analyzing the global impact of US presidential elections and India's promising decade, we delve into India's response to rate cuts and GDP data.
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