RBI Monetary Policy: February rate cut on a knife's edge
Updated : December 12, 2019 07:45 AM IST
With economic growth at its weakest in over six years, 49 percent of economists, 33 of 67, in a snap poll taken after the Monetary Policy Committee's decision, predicted that would be a temporary pause and another cut would come in February.
A firm majority, over 80 percent economists said the RBI will cut rates by end-June, with the median forecast for a 25-basis point trim to 4.90 percent, and then stay on the sidelines for the rest of the year.
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