Expected Fed Rate Cuts 2024 India. Interest rate cuts in india are “off the table” in fiscal year 2024/25 given the change in the federal reserve’s policy path and strong growth in the south asian nation, analysts at morgan stanley said on tuesday. Federal reserve officials on wednesday signalled support for another rate rise this year and fewer cuts in 2024 even as the us central bank held its benchmark.
Lower interest rates may benefit india’s infrastructure and metals sectors. A stronger rupee, while reducing import costs,.