The likelihood of an RBI repo rate cut increased over the weekend after disappointing US jobs data raised expectations of a Fed rate cut in September.
While a few traders have joined the minority rate-cut camp, the consensus among the RBI’s Monetary Policy Committee still favours a pause with a neutral stance.
Bond traders will closely watch comments for signals on a possible rate cut in October.
While a few traders have joined the minority rate-cut camp, the consensus among the RBI’s Monetary Policy Committee still favours a pause with a neutral stance.
Bond traders will closely watch comments for signals on a possible rate cut in October.
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