When Will The Fed Cut Interest Rates In 2024 In India. On an expected lines, us fed kept key fund rates unchanged on march 2024 policy. The reserve bank of india maintained its benchmark policy repo at 6.5% for the ninth consecutive meeting in august 2024 to ensure inflation is down.

The reserve bank of india (rbi) unveiled its third monetary policy committee (mpc) meeting for 2024 on august 8, keeping the benchmark rate at. Traders are betting that the fed will bring down interest rates from about 5% to a level closer to neutral, which is estimated at about 2.9%, over the next 12 months.