Interest Rates 2024 Prediction Today. In their india interest rate forecasts, analysts expected rbi to hike the policy repo until fy 2023/2024, before starting to cut the rate. Fomc projections materials, accessible version accessible version.
Globally, the tone of monetary policy has also become less hawkish, suggesting that the most challenging phase of the cycle of increasing interest rates is now behind. Here are the key findings from bankrateโs 2024 interest rate forecast.