The RBI cut interest rates by 25 bps and adopted an accommodative stance amid global uncertainty. With lowered growth and inflation projections, the central bank remains cautious yet flexible. Its future actions depend on evolving global trade tensions, particularly China’s currency moves and potential Fed rate cuts.
Asian stocks tread water at the start of Fed week
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets