Key gauge shows traders expecting fewer rate cuts
Thu, Feb 15, 2024 12:32 PM

Key gauge shows traders expecting fewer rate cuts

A Flip by Avya Verma
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Traders have lowered their expectations for interest rate cuts by the Reserve Bank of India (RBI) this year, following concerns about inflation and tight liquidity. The overnight indexed swaps (OIS) curve now suggests a possible 25 basis point cut in August, compared to an earlier projection of 50 basis points. This shift in sentiment is also influenced by factors such as slower US inflation.

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