According to a recent Reuters poll conducted between May 19-28, the Reserve Bank of India (RBI) is widely anticipated to lower interest rates on June 6, 2025, following its June 4-6 meeting. This would mark the third consecutive cut aimed at boosting the country's economy. Economists are also forecasting another rate cut in August 2025.
The poll revealed that 53 out of 61 economists predict the RBI will reduce the repo rate to 5.75% after the June meeting. Furthermore, over 80% of economists expect the key rate to reach 5.50% by the end of August, indicating a strong consensus on further monetary easing.
These anticipated rate cuts reflect the RBI's commitment to navigating global economic uncertainties and supporting economic stability. The easing of rates is expected to provide relief to borrowers and stimulate economic activity.