Emerging markets
RBI Maintains Repo Rate at 5.25%; FY27 CPI Inflation Projected at 4.6%
On 4/8, the RBI Monetary Policy Committee unanimously held the repo rate at 5.25%, maintaining a neutral stance for the third consecutive meeting. FY27 CPI inflation is projected at 4.6%, with a peak of 5.2% in Q3. Growth outlook downgraded from 7.4% to 6.9%.
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