RBI leaves room for rate cuts in future; tariff risks loom: Report
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The Reserve Bank of India kept its policy interest rate unchanged at 5.5 per cent for the second consecutive meeting, despite significantly lowering inflation projections. While retaining flexibility for future reductions, the central bank expressed concerns over US tariff-related uncertainties impacting GDP growth. Low inflation and potential US Federal Reserve rate cuts could create space for future RBI rate cuts. What's Your Reaction?
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