Wait & watch is prudent policy, RBI does well to hold rates
Indian Express·2h ago·Neutral
What Happened
The RBI's Monetary Policy Committee kept the repo rate unchanged at 5.25 percent in April, maintaining a neutral stance. The decision reflects concerns about stagflation risks from West Asia conflict and supply shocks affecting energy and commodities. The RBI forecasts headline inflation at 4.6 percent for 2026-27 and growth at 6.9 percent this year, down from 7.6 percent. The committee will assess future rate changes based on inflation and growth trajectory.
Key Entities
RBI Monetary Policy Committeerepo rate 5.25%West Asia conflictstagflationheadline inflation 4.6%growth 6.9%energy marketsBrent crude oil $92.3/barrel