RBIs Rate Hike Pause: Will It Continue? Latest Updates and Market Predictions

The three-day RBI MPC meeting has started on Jun 6 and will end on Jun 8. In this meeting, the central bank will take a decision on the future interest rate in the country. In its last bi-monthly review, the RBI's all-powerful MPC decided to keep interest rates on hold, halting a cycle of tightening monetary policy after lifting the repo rate by a total 250 basis points to 6.5% in six revisions starting May 2022.