Out of 12 economists ET spoke to, 9 said that it was likely that the MPC would begin to cut interest rates from December onwards. The remaining three respondents were broadly of the view that the MPC is likely to follow a course that is distinct from rate-setters in advanced economies and may wait for 4-6 months more before cutting rates to be entirely sure that inflation has gone down durably.
First shockwaves of Trump’s tariffs are about to hit world economy
The following day, purchasing manager indexes from Japan to Europe to the US will offer the first coordinated glimpse of manufacturing and services activity since
April 21, 2025