US Fed Announces Third Successive Rate Cut; India Likely to Hold Repo at 5% in 2026
BoB: The US Federal Reserve has cut interest rates for the third consecutive time, bringing the total reduction to 75 basis points in 2025. The weak labor market and lack of economic data due to the shutdown are key factors in this decision. According to Bank of Baroda economist Dipanwita Majumdar, India's repo rate may remain stable at 5% in 2026.
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