India’s central bank cuts rates again as inflation slows
The Reserve Bank of India on Wednesday cut its key policy rate for a second consecutive time, opting to support economic growth as cooling inflation provides room for dovish actions and as U.S.-fueled tariff pain looms.
The central bank cut its repo rate by 25 basis points to 6%, as widely expected, and shifted its policy stance from “neutral” to “accommodative,” signaling possible further cuts ahead.
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