- Published at
- by economictimes.indiatimes.com
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RBI's rate cut hopes fade as Trump talks high tariffs
Donald Trump's tariff announcement casts a shadow over the Reserve Bank of India's upcoming monetary policy decision. While a rate cut was anticipated, the rupee's recent slump to a five-month low following Trump's statement complicates matters. Economists foresee a limited direct impact on India's GDP, but the tariffs could trigger investment uncertainty.