The Reserve Bank of India (RBI) cut its cash reserve requirement today but left the repo rate on hold. The hawkish tone of the policy statement suggests that, although rate cuts are surely coming later this year, there is a growing risk that they will be postponed beyond March.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services