Expected Interest Rate Cuts In 2024 In India

Expected Interest Rate Cuts In 2024 In India. Reasons for expected interest rate cuts in india in 2024. The us federal reserve cut its benchmark interest rate by an unexpected 50 basis points (bps) on wednesday, a move that caught many by surprise.

Interest rate cuts in india are off the table in fiscal year 2024/25 given the change in the federal reserve’s policy path and strong growth in the south asian nation, analysts at morgan. Interest rate in india averaged 6.37 percent from 2000 until 2024, reaching an all time high of 14.50 percent in august of 2000 and a record low of 4.00 percent in may of 2020.