Expected Interest Rate Cuts In 2024 In India. The reserve bank of india (rbi) will leave its key interest rate unchanged at 6.50% on june 8 and for the rest of 2023 as it waits to see the economic impact of a series of hikes over the. The market now expects two rate cuts by the fed in 2024—down from four previously—and a shallower easing cycle with a cumulative 175 basis points (100 bps is.
However, rbi in its feb 2024. On an expected lines, us fed kept key fund rates unchanged on march 2024 policy.