Quote on RBI MPC Outcome by Rahul Goswami, Franklin Templeton India

Below the Quote on RBI MPC Outcome by Rahul Goswami, Franklin Templeton India
“The RBI’s bold 50 basis point cut in the policy repo rate, bringing it down to 5.5%, has surprised markets and underscores a clear pivot towards supporting growth amid subdued economic momentum and easing inflation. With a cumulative 100 bps cut over just four months, the central bank has frontloaded its easing cycle. However, by reverting its stance to neutral, the RBI signals that it may now pause to assess the full transmission of these cuts before considering further action.”
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