India’s Slumping Growth Opens the Door for More Rate Cuts
India’s Slumping Growth Opens the Door for More Rate Cuts 3(Bloomberg) — India’s deepening economic slowdown is likely to throw open the door to more monetary policy easing this week. The Reserve Bank of India will meet days after a report showed growth collapsed to 4.5% in the July-September quarter, the first time it’s been below 5% since 2013. Led by Governor Shaktikanta Das, the RBI already …
News story posted on 2019-12-01T05:47:00.0000000Z