Indian Central Bank in Macro Sweet Spot, Nomura Says -- Market Talk
Dow Jones
Feb 09
1027 GMT - The Reserve Bank of India is in a macro sweet spot, according to Nomura research analysts. Strong growth and low inflation suggest there is no urgency to cut rates, though the implications of the new CPI and GDP series remain to be seen, they say in a note. The RBI's stance on liquidity has shifted subtly, with a focus on keeping a greater liquidity surplus to enable transmission of monetary policy, they add. For now, the RBI expects consumption to remain strong, and the recently announced trade deals with the EU and the U.S. to be positive for exports and support GDP growth, they add. Nomura expects a final 25bp rate cut in April. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
February 09, 2026 05:27 ET (10:27 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.