Will The Fed Lower Interest Rates In 2024 In India. Fed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in september’s projections. Interest rate in india averaged 6.37 percent from 2000 until 2024, reaching an all time high of 14.50.
The reserve bank of india (rbi) unveiled its third monetary policy committee (mpc) meeting for 2024 on august 8, keeping the benchmark rate at. According to projections released on september 18th, the median forecast of fed officials is that they will reduce rates by another 1.5 percentage points by the.