RBI MPC Oct meeting preview-Will RBI cut rates tomorrow? The Reserve Bank of India’s monetary policy committee is set to announce the resolution of the Oct 1st meeting outcome this Wednesday. With global uncertainty remained elevated in the wake of imposition of US trade tariffs on India, there were renewed concerns over fiscal health due to GST reforms by the Government. However, the government reiterated its commitment to fiscal consolidation. We expect the committee to keep policy rates unchanged, keeping the repo rate at 5.50%, while retaining the ‘neutral’ policy stance given the evolving global and domestic macroeconomic backdrop.
