RBI to deliver cumulative 40bp rate cut in Q4 - Nomura

Analysts at Nomura expect further easing likely to be delivered by the Reserve Bank of India (RBI), in the wake of dwindling economic growth prospects.

Key Quotes:

“India's inflation to evolve in line with RBI’s projections.

India RBI’s FY20 GDP growth projection too optimistic, to be downgraded at October meeting.

Expect RBI to deliver cumulative 40bp rate cut in Q4, likely frontloaded in October.”

Sep 13, 2019

BOJ seen ramping up stimulus this year, some bet on action next week - Reuters poll

An increasing number of economists expect the Bank of Japan (BOJ) to boost stimulus this year, while a few expect the central bank to act next week, a

Morgan Stanley expects India to cut rates by 35 basis points in October

Analysts at Morgan Stanley expect the Reserve Bank of India (RBI) to cut interest rates in October, having reduced rates by 35 basis points in August.