Insignia Consultants | RBI to cut rates by 25 bps on June 6, then once more in August - Reuters poll

RBI to cut rates by 25 bps on June 6, then once more in August - Reuters poll

BENGALURU, May 29 (Reuters) - The Reserve Bank of India will cut interest rates on June 6 for a third consecutive meeting and once more in August to support a weakened economy, according to a Reuters poll of economists whose forecasts were largely unchanged from the last survey.

With economic growth cooling sharply to 6.3% last fiscal year from over 9% the year before and inflation staying below the RBI's 4.0% target, the RBI has ample room to cut rates. Other major central banks were also expected to ease policy further amid rising global tensions fuelled by U.S. President Donald Trump's trade war.

https://www.reuters.com/world/india/rbi-cut-rates-by-25-bps-june-6-then-once-more-august-2025-05-29/

---