RBI MPC: All Members Agreed on 0.25% Repo Rate Cut; Future Policy Data-Driven

• RBI's Monetary Policy Committee (MPC) cut the repo rate by 0.25% earlier this month.
• RBI Governor Sanjay Malhotra confirmed all members supported the rate cut, citing demand boost and growth support.
• A neutral monetary policy stance provides flexibility for data-driven decisions amidst changing macroeconomic conditions.
• Deputy Governor Poonam Gupta noted the significant decline in retail inflation and no signs of economic overheating.
• MPC members discussed future inflation projections (core inflation ~4% in H1 next fiscal) and geopolitical uncertainties.

Why It Matters: RBI MPC unanimously approved a 0.25% repo rate cut, maintaining a neutral stance for data-driven future policy.