RBI's August Meeting: Rate Cuts and Inflation Outlook

The Reserve Bank of India's Monetary Policy Committee is meeting in August amid global trade tensions and cooling inflation. Analysts anticipate a 'dovish pause' in rate cuts, as previous reductions have already been made. With inflation forecasts likely to be revised downwards, experts suggest the RBI will assess economic conditions before making further decisions. Although some predict a final rate cut in October, ongoing trade policies and external pressures could influence the RBI's cautious approach. Overall, the inflation outlook remains favorable, with expectations of slight increases later in the fiscal year.