December 05, 2024 03:44 GMT
MNI RBI PREVIEW DEC 2024: No Change, But Easing Bias Likely
Whilst there the economic data is moderating, it remains at levels viewed as expansive.
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EXECUTIVE SUMMARY:
- RBI seems focused on ensuring sufficient liquidity is the in the system, rather than cutting rates.
- Key data metrics mentioned in last RBI statement remain strong, albeit down from prior months.
- Governor has continued to be hawkish in his comments publicly.
- No cut expected tomorrow but the narrative to open the door for potential cuts in 2025.
PLEASE FIND THE FULL REPORT HERE. RBI Preview - December 2024 FINAL.pdf
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