Us Rate Cuts 2024 India. History shows that more often than not india has followed the us in any interest rate pivot and this time too there is high probability that we will follow suit,” says dhanani of. This is the first time the fed has reduced rates since 2020,.

The us fed signalling rate cuts next year is likely to cap the global cycle of monetary tightening. Fed officals also continued to see three rate cuts in 2024 even as they said, inflation.