MPC Poll: Es probable que RBI disminuya la tasa de repo por 25 bps en su política de junio.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) probably reduce la repo rate by 25 basis points (bps) durante la próxima revisión on June 6, de acuerdo con el sondeo realizado por Moneycontrol entre economists y jefes de la caja. The MPC of the RBI is scheduled to gather on June 4 and report the conclusions on June 6. Expertos señalaron que la disminución del índice de precios al consumo (CPI) por a third mes consecutivo - por debajo de RBI's medio-termo objetivo de 4 percent - ha proporcionado el margen para reducir benchmark rates aún más, con el central bancario ahora enfocándose más en el desarrollo. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming policy review on June 6, 2025. This forecast comes from a recent poll conducted by Moneycontrol among economists and treasury heads. The MPC will meet on June 4 to discuss economic conditions, and the outcome of their meeting will be announced on June 6. This anticipated rate cut would follow previous reductions, continuing the RBI's trend of easing monetary policy to support economic growth. Experts have pointed to the persistent decline in the Consumer Price Index (CPI), which has remained below the RBI’s medium-term target of 4% for three consecutive months. In April 2025, CPI fell to a six-year low of 3.16%, primarily driven by falling food prices. This ongoing deflationary trend has provided the RBI with the flexibility to cut interest rates further, as inflationary pressures remain under control. Such a move would help stimulate demand and support the economic recovery amid global uncertainties. Alongside these inflationary developments, the RBI’s transfer of a ₹2.69 trillion surplus to the central government has improved fiscal conditions, further aiding the case for monetary easing. This surplus provides the government with more resources to address fiscal challenges and implement growth-oriented measures. Experts expect that the RBI's accommodative stance will help ease financial conditions, making credit more accessible for businesses and consumers. Looking ahead, many economists predict that the RBI will maintain a supportive stance on interest rates, with potential further cuts depending on evolving economic data. The central bank is likely to prioritize growth, especially if inflation stays manageable, signaling a continued commitment to fostering a conducive environment for economic recovery in the months ahead.