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RBI MPC Stays Smooth, Growth on the Rise, Fo’ Shizzle

RBI MPC Stays Smooth, Growth on the Rise, Fo’ Shizzle

Yo, the RBI squad is all about growth, keepin' inflation as chill as a cool breeze. In their February pow-wow, they said, "No rate changes, g!" Governor Sanjay and Deputy Poonam dropped wisdom on low core inflation, keepin' it smooth and steady. They all vibed on the need for flexible policy to boost growth without igniting inflation fires, fo' shizzle!

Quick rundown

  1. RBI keeps repo rate unchanged to support growth.
  2. Inflation outlook remains benign, excluding precious metals.
  3. Trade deals with EU and US boost exports and investments.
  4. Core inflation excluding precious metals at 2.3%.
  5. Monetary policy aims to support growth up to 8%.

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