Interest Rate Cuts 2024 India. The market now expects two rate cuts by the fed in 2024—down from four previously—and a shallower easing cycle with a cumulative 175 basis points (100 bps is. Interest rate in india averaged 6.37 percent from 2000 until 2024, reaching an all time high of 14.50 percent in august of 2000 and a record low of 4.00 percent in may of 2020.

The reserve bank of india (rbi) will keep its key interest rate unchanged at 6.50% for a fifth consecutive meeting on dec. The market now expects two rate cuts by the fed in 2024—down from four previously—and a shallower easing cycle with a cumulative 175 basis points (100 bps is.