 "Rahul Goswami")
There is a high probability of two more rate cuts by the Reserve Bank of India (RBI) in 2025–26, given the stable headline consumer price inflation and the central bank’s renewed focus on growth, says Rahul Goswami, chief investment officer and managing director, India fixed income, Franklin Templeton. In an email interaction with Abhishek Kumar, Goswami says monsoon trends, geopolitical developments, movements in yields in developed markets, and commodity prices will be key factors influencing bond yields going forward. Edited excerpts:
Indian bond yields have mostly remained immune to global headwinds so far. Can this be sustained?
Prudent macroeconomic policies,
