<ul><li>The Reserve Bank of India delivering a rate cut and changed stance, in line with market expectations, is positive as people do not want any more surprises right now, Moody's Analytics Economic Research Director, Katrina Ell, said.</li><li>The fact that RBI changed the stance to accommodative indicates more easing is possible going forward. Now, Moody's expects a cumulative rate cut of 75 basis points in calendar year 2025. The door has opened for more easing, depending on how conditions are, Ell said.</li><li>The change in RBI's stance indicates that when global situation turns very volatile, there will likely be a policy response. The response may come in the form of providing ample liquidity or more rate cuts, according to Madhavi Arora, lead economist, Emkay Global Research. She sees uncertainty becoming a theme.</li><li>On Wednesday, the Nifty 50 and Sensex were trading lower, as 26% US tariff on India came into effect. The indices were trading 0.60% and 0.45% down as of 10:57 a.m.</li></ul>

RBI Sticking To Expectations Is Positive In Uncertain Times, Says Moody's Katrina Ell

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