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Bloomberg Quint

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Image Credit: Bloomberg Quint

In This Economy... Monetary Easing Begins: RBI Shifts To Accommodative Stance

  • The RBI's rate cut move was followed by retail inflation easing to 3.34%, the lowest since August 2019, as per the data released for the month of March.
  • RBI MPC's change in stance, while mostly symbolic, is also indicative of an easier monetary policy framework.
  • The Indian stock market bounced back strong on Tuesday, recovering all the ground it lost following Trump’s tariff announcement on April 2.
  • Every sector was in the green, showing solid buying action across the board.

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