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India's central bank beats market expectations to deliver outsized rate cut of 50 points

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Summary
Nutrition label

89% Informative

India 's central bank delivers outsized cut to its benchmark policy rate to 5.5% from 6% , its lowest level since August 2022 .

This marks the third straight rate cut since February and is below the median estimates of 5.75% in a Reuters poll.

The decision comes after a better-than-expected GDP growth figure in its fiscal fourth quarter .

VR Score

96

Informative language

98

Neutral language

95

Article tone

semi-formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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