RBI MPC keeps policy rate unchanged at 5.25%
The Reserve Bank of India's Monetary Policy Committee (MPC) kept the policy repo rate unchanged at 5.25%. The MPC observed that the higher inflation was mostly on account of fuel and food, with little sign of generalisation of price pressures so far. The status quo reflects a cautious stance amid the recent uptick in retail inflation.
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The repo rate level and the MPC's reasoning are core monetary-policy exam facts.
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- Repo rate held unchanged at 5.25% by the MPC.
- Higher inflation attributed mainly to fuel and food.
- No broad generalisation of price pressures observed.
Background
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