RBI can’t be very aggressive in cutting rates if Fed is not doing so in USA: Swaminathan Aiyar

Swaminathan Aiyar suggests the Reserve Bank of India might lower interest rates. This decision hinges on a possible US recession. The US Federal Reserve’s approach to inflation and interest rates could restrict the RBI’s moves. Aiyar notes India has managed well with higher rates. Therefore, immediate cuts are not crucial.

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