Markets raise expectations of rate cuts

The recent sharp slowdown in inflation, combined with dovish commentary from the RBI in its policy review earlier this month, have prompted India’s financial markets to price in the rising likelihood of imminent rate cuts. Most notably, local bond yields have fallen to 18-month lows.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.