#RBI will decide on Friday ie 4 October 2019, whether to cut the #interestrate. Considering the consensus estimate, the probability of a repo rate cut seems unavoidable. The food inflation and seems higher over the last year. Anyhow, inflation stays under the inflation target of 4%.
Recently, the Fed had cut the rates by 25bps making the rates reach 2.00%.
At the end of the video, we have also added #Nifty forecast for this week. Hope you like that.