ANZ economists wrote in a report that the Bank of India's easing cycle may have come to an end. The Bank of India will continue to support the country's economy through liquidity and may make more open market bond purchases. They added that the moderate inflation outlook provides room for the Bank of India to cut interest rates and support growth, a move that is reasonable at a time when the US imposes tariffs and some high-frequency indicators indicate weak economic activity. They said, “With weak exports and US tariffs threatening trade and manufacturing, growth may slow down in the future. “They added that if the US tariff threat continues for longer, the rupee may depreciate further in an orderly manner.

ANZ economists wrote in a report that the Bank of India's easing cycle may have come to an end. The Bank of India will continue to support the country's economy through liquidity and may make more open market bond purchases. They added that the moderate inflation outlook provides room for the Bank of India to cut interest rates and support growth, a move that is reasonable at a time when the US imposes tariffs and some high-frequency indicators indicate weak economic activity. They said, “With weak exports and US tariffs threatening trade and manufacturing, growth may slow down in the future. “They added that if the US tariff threat continues for longer, the rupee may depreciate further in an orderly manner.