RBI monetary policy poll: Majority see 25 bps cut, more can be in store

Of the 15 economists and market players who participated in the poll, two predicted a 50-basis point cut, while the rest anticipated a rate reduction by 25 bps

Economists and market participants expect at least a 25-basis point cut in policy rates in the August 7 monetary policy review — and some more in the coming policies — to tackle the growth slowdown.

Inflation concerns seem to be behind us till such time that commodity prices start firming up. In an environment of trade wars, where global growth has itself taken a hit, it is unlikely that commodities will be in much demand either.

Of the 15 economists and market players who participated in the poll, two predicted a 50-basis point cut, while the rest anticipated a rate