Morgan Stanley expects shallow repo rate cut from June policy meeting
New Delhi [India], February 21 (ANI): Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level.
The Monetary Policy Committee of the RBI in its February review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the sixth straight time. The repo rate is