Will the RBI cut rates following US jobs data disappointment?
Following weak US jobs data, the likelihood of an RBI repo rate cut has grown, fueled by anticipation of a potential Fed rate cut in September. Despite some traders leaning towards a rate cut, the RBI's Monetary Policy Committee is expected to mai...
Bond traders will closely watch comments for signals on a possible rate cut in October.
The likelihood of an RBI repo rate cut increased over the weekend after disappointing US jobs data raised expectations of a Fed rate cut in September. While a few traders have joined the minority rate-cut camp, the consensus among the RBI’s Monetary Policy Committee still favours a pause with a neutral stance. Bond traders will closely watch comments for signals on a possible rate cut in October.
US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlook2026-06-17T05:32:05Z
