India rate cuts 'off the table' in 2024/25: Morgan Stanley
Tue, Apr 16, 2024 12:52 PM

India rate cuts 'off the table' in 2024/25: Morgan Stanley

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Interest rate cuts in India are "off the table" in fiscal year 2024/25 given the change in the Federal Reserve's policy path and strong growth in the South Asian nation, analysts at Morgan Stanley said on Tuesday. "We believe that improving productivity growth, rising investment rate, and inflation tracking above the target of 4%, alongside a higher terminal Fed funds rate.

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