RBI MNI Preview: Firmly on Hold, Growth Challenges Ahead
Apr-07 04:42By: Jamie Grant
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We expect the Reserve Bank of India to remain on hold at tomorrow's meeting given:
- An expectation that they will downgrade the growth and inflation outlook for 2026 as the narrative for the economy is changing rapidly.
- The ongoing weakness in the Rupee.
- A unanimous consensus from economists.
Concerns of the impact of fuel prices on rural consumption.
