RBI may delay rate cut to April next year amid Fed's hawkish stance, says Yes Bank report
The Reserve Bank of India (RBI) may delay its rate cut cycle to April 2025 due to the Federal Reserve's hawkish stance, as per Yes Bank's report. The Fed's slower monetary easing, stronger USD, and rising US Treasury yields have created challenges for emerging markets. This delay could prolong higher borrowing costs, impacting India's economic growth.
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