RBI OCTOBER 2024 MONETARY POLICY EXPECTATIONS
- Credit Rating Agency in India
- RBI Monetary Policy
- RBI OCTOBER 2024 MONETARY POLICY EXPECTATIONS
The Oct’24 RBI Monetary policy is a few days’ awaiting. While the recent Fed rate cuts of 50 basis points have cheered the market, the Central Bank of India is likely to keep its policy rate unchanged, for a couple of reasons. The ongoing Middle East conflict between Israel and Iran, has made the equity markets highly volatile. This conflict posed a humongous uncertainty for the rest of the World which could evolve into a focused war, like the Russia-Ukraine war.