The State Bank of India’s research publication EcoWrap forecasts a 75-basis point rate cut this fiscal year, with an anticipated average Consumer Price Index (CPI) inflation of 4.7% for FY25. Experts project inflation to stabilize at 3.9% in the fourth quarter of FY25, but anticipate it remaining in the range of 4% to 4.2% in FY26, with core inflation between 4.2% and 4.4%.
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