Mark to Market

117: RBI unperturbed by liquidity yet, but odds for rate cuts lower

Episode Summary

RBI has left its policy rate and stance untouched in its latest meeting. Contrary to market expectation, it has not indicated a change in its liquidity stance either. While this has relieved markets, economists are calling it curtains down for rate cuts.

Episode Notes

RBI has left its policy rate and stance untouched in its latest meeting.
Contrary to market expectation, it has not indicated a change in its liquidity stance either.
While this has relieved markets, economists are calling it curtains down for rate cuts.