A look at the existing key rates, repo rate trends & other figures

 RBI MPC decision tomorrow: A look at the existing key rates, repo rate trends & other figures The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) began its bi-monthly monetary policy meeting on June 6, and the outcome will be announced tomorrow (June 8). Most economists expect the MPC to maintain the status quo on the repo rate, which currently stands at 6.5 per cent. The MPC is meeting against the backdrop of consumer price-based (CPI) inflation declining to an 18-month low of 4.7 per cent in April. The Reserve Bank recently indicated that the May print would be lower than the April numbers. The CPI for May is scheduled to be announced on June 12. In the previous rate-setting meeting, held in April 2023, the central bank sprung a surprise by keeping the repo rate unchanged. [Read more]( If you would prefer not receiving our emails, please [Click Here](