How a Fed rate cut this week may affect RBI’s decision and your portfolio

There’s a near consensus that Fed cutting rates will leave the RBI with more ammo to shore up growth. The question is whether it will fire in October or later.5 Min Read96.2% of market participants are expecting a 25 basis-point rate cut by the US Federal Reserve on September 17, according to the CME Fedwatch tool. Many believe that the move may make space for another cut in repo rate by the Reserve Bank of India (RBI) when the monetary policy panel meets on Mumbai’s Mint Street three weeks later.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers

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