Reserve Bank of India Rate Cut

This is a India news story, published by CNBC, that relates primarily to Donald Trump news.

India news

For more India news, you can click here:

more India news

Donald Trump news

For more Donald Trump news, you can click here:

more Donald Trump news

News about interest rates

For more interest rates news, you can click here:

more interest rates news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about

benchmark interest rates

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Indian bonds news, key interest rate news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

interest rate

CNBC

•

Business

Business & Economics

India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases

Summary

Nutrition label

86% Informative

The Reserve Bank of India is poised to trim the interest rate by 25 basis points to 6.25% at the policy meeting concluding Friday .

The central bank last reduced rates in May 2020 as the country battled the Covid-19 pandemic-inflicted downturn.

Indian bonds have rallied in recent weeks , as traders ramped up wagers for an interest rate cut at the February meeting.

India -watchers have been on tenterhooks over possible actions by President Donald Trump .

The U.S. trade policy framework under Trump 's second presidency could strengthen the dollar and Treasury yields.

That has complicated the policy decisions for central banks in Asia , including the RBI , as boosting growth by loosening policy would mean widening rate differentials.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful