Will Fed Cut Rates In 2024 In India. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo. Analysts suggest that the rbi may consider a rate reduction later in 2024 or even in fy25, depending on inflation trends and the global economic environment.
More rate cuts are likely in 2025 as inflation continues. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo.