Monetary policy review: RBI rate cutting 'cycle' to continue, says expert

The MPC is likely to be set to deliver one more repo rate cut later this week, which would then be the second cut in a row, given the continued downside surprises in CPI, broadly anchored commodity prices, subdued domestic growth indicators of late, and a benign global monetary policy backdrop. 

Since expectations are already heavily biased toward a rate cut in April, the future guidance and voting pattern of the MPC will be watched closely. It seems that the evolving balance of risks to inflation and growth trajectories may prompt the committee to provide a dovish guidance on the