💨 Abstract

The Reserve Bank of India (RBI) has adopted a more accommodative monetary policy due to easing inflation expectations, as per a report by the State Bank of India (SBI). The RBI's policy shift from neutral to accommodative is supported by households expecting inflation to be around 8.9% for the next three months. The RBI's policy is responsive to real-time developments and forward-looking, aiming to balance inflation control with economic growth.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖