India Central Bank Delivers Rate Cut to Boost Economy

Core Viewpoint - The recent decision to pause interest rate hikes reflects a response to cooling inflation, allowing for more economic support amid tariff risks [1] Group 1 - The move ended a two-meeting streak of pauses in interest rate adjustments [1] - Cooling inflation is creating an opportunity for the economy to receive additional support [1] - The decision is influenced by the need to mitigate risks associated with tariffs [1]