India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish economy, with easing price pressures giving policymakers more room to manoeuvre.

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which has to deal with volatile policies.

PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after keeping the rate unchanged at its previous policy meeting in December. The cut, which had been predicted by analysts, brought the interest rate down by a quarter of a percentage point to 3.75%.

India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.

According to stock market experts, RBI’s Monetary Policy Committee is expected to announce a 25 bps rate cut amid economic slowdown and inflation concerns

The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, alongside the looming threat of President Trump's trade policy

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.