The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5%, maintaining a neutral stance. While retaining the FY26 growth forecast at 6.5%, the MPC lowered the inflation projection to 3.1%. This decision considers macroeconomic conditions, the need for further transmission of rate cuts, and favorable monsoon conditions, despite lingering global trade challenges and geopolitical uncertainties.
from Times of India https://ift.tt/YqxA145
Wednesday, August 6, 2025
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