"there's a lot of expectation that it will be cut by typically 25 basis points so by 0.25% 9 to 5%."
Interpreted Prediction
There is a strong expectation that the RBI will cut the repo rate by 25 basis points (0.25%) to 5.75%.
AI Evaluation Notes
The prediction was for a rate cut to 5.75%, but the repo rate is currently 6.5% as of December 6, 2024. This makes the prediction very inaccurate.
Prediction Details
Price at the predicted date
6.5 USD