Amidst global market volatility, BlackRock’s Ben Powell highlights India’s fixed-income market as promising due to easing inflation and the RBI’s accommodative stance. He suggests Indian government bonds offer attractive yields compared to global counterparts. Powell also emphasizes gold’s importance as a portfolio diversifier amidst geopolitical tensions and trade policy uncertainty.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction