Why RBI under Shaktikanta Das could go for interest rate cut next month

A slowdown in the world economy, the trade war and skittish financial markets are forcing policy makers to express fresh caution about their scope for tightening monetary policy

Central banks enter the new year under pressure from investors to rethink just how aggressive they can be hiking interest rates.
 

A slowdown in the world economy, the trade war and skittish financial markets are forcing policy makers including Federal Reserve Chairman Jerome Powell to express fresh caution about their scope for tightening monetary policy. The People’s Bank of China is also pledging support for its economy.

 That outlook marks a change from last year where a majority of central banks raised rates and the European Central Bank ceased buying assets. Of course, if economies weather the latest challenges, policy makers