A Reuters poll shows 69 of 71 economists expect the Reserve Bank of India (RBI) to keep the repo rate unchanged at 5.25% during its April 8 policy meeting. The decision reflects cautious optimism amid moderating inflation and steady growth, balancing stability with economic momentum.
India’s central bank is widely anticipated to maintain its current monetary stance, prioritizing inflation control while supporting growth. With consumer prices easing and global uncertainties persisting, the RBI is expected to avoid aggressive moves, signaling continuity in its policy framework.
Inflation And Growth Outlook
Headline inflation has moderated closer to the RBI’s target range, reducing pressure for immediate rate hikes. At the same time, India’s GDP growth remains resilient, supported by strong domestic demand. Economists believe holding rates steady will sustain confidence while monitoring external risks.
Global Context
Central banks worldwide are adopting cautious strategies amid fluctuating commodity prices and geopolitical tensions. The RBI’s decision to keep the repo rate unchanged aligns with this global trend of balancing inflation management with growth stability.
Future Policy Direction
Analysts suggest the RBI may consider rate cuts later in 2026 if inflation continues to ease. For now, the focus remains on maintaining stability and ensuring liquidity in the financial system.
Key Highlights
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RBI repo rate likely unchanged at 5.25%
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Decision expected on April 8, 2026
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69 of 71 economists predict status quo
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Inflation moderating toward target range
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Future cuts possible if price stability continues
Sources: Reuters, Economic Times, Mint