August 6, 2025 5:05 PM
Rate cut likely in next RBI MPC meet amid global developments: Morgan Stanley
Morgan Stanley on Wednesday said that in terms of policy response, it sees the likelihood of another rate cut by the RBI in Q4 (likely in October policy) amid headwinds from tariff-related developments. In a unanimous vote, the RBI MPC kept the policy rate unchanged at 5.5 per cent, in line with expectations. All members voted to retain the stance at neutral. “The policy statement noted that the benign trend in the headline inflation print is likely to be transitory, on the back to lower foo...